The candles dont always pull back on a 9 but for planning purposes its useful to know it may occur.
We can tell if it is a 6k drop as BTC will move past 86k. BTC It has no business at 86xx today on its current path , so if 86xx appears it may signal a bigger drop coming
that said i think ill wait on the sideline
a) futures close today and its been very quiet so far
b) Chinese new year tomorrow
c) BTC has two alternate paths after dropping to around 89xx . one path to 6k the other to 10k .
a) theres very high resistance at 9300
b) theres a double top.
c) 45, 90 , 1 and 2 hour candles are on a 9 .
d) theres been no retrace to 8900
i think we will see 4.4