I believe this is ONE of the entry points that will lead to the beginning of the correction.
That said, the idea of BTC dropping below 7k is 100% a theory - I'm only trying to interpret patterns in the price history..
Trade closed: target reached
⋅
2018 New Low First Major support reached and bounced. If you're worried it will drop below, set your sell limits just below my designated "buy zone" and good luck!