I think it would actually be good to complete an ABC correction at this point. It would give all the indicators a chance to reset, fill the CME gap, and give us all a chance to back up the truck. :) You can see where the price broke and retested the yellow trend line and it would make since to continue down to either the 1.0 or 1.27 Fib. Of course Bitcoin does what it wants, when it wants. I already have a good long position but if the opportunity presents itself I will add more under $10K.
Good luck!
BBS out.
Good luck!
BBS out.
Trade closed manually