BTC now weak. Guessing the big money is waiting to buy @ $7500

COINBASE:BTCUSD   Bitcoin / U.S. Dollar
Not an expert chartist by any means.
Last good sideways resistance was put in November.
Then things screamed bubble as they went parabolic... maybe driven by the Futures thing?

Looking at the weekly chart seems like this is a big and necessary correction.

Please comment. I'm learning.
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