Unnecessarily dropped off, refueled necessary. Everything is classic. My expectations regarding the correction were slightly lower before continuing the local growth, but apparently this is enough.
What is happening now with the price of BTC, let's analyze?
Locally, the price corrected to 0.618 Fibonacci. The level of standard BTC correction, according to historical data. The price has reached 6068. On the hourly timeframe, the indicators are offloaded and ready for growth.
Most likely this time the price will be able to break through a strong level since 2018. marked on the chart 6978 and the price will move to its goal 7934.
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Disclaimer! I do not give entry and exit points. I share with you my opinion and ideas, which may differ from yours.