All is clear on the chart. There will a stop and retest or sharp fall for a quick correction.
There is some interesting thing that this correction will follow with a alt/ btc growth.
If you are in BTC , wait for confirmation that is time to exit, or lock some profit.
If you are not in BTC , buy 1/10 of your deposit and use a stop loss.
We never know how far market makers can push the price for BTC .
I am in BTC from low 6500, and all was on my twitter , so join me.
January 9 post of my idea that made a considerable profit.
It depends on where the market will see new money.
How deep correction will be? Who knows. You have to watch price movement and react from it.
Right now, we are forming only A of 4H correction wave so we can fall way lower, or we may end falling right here.
9650 has an MA 100 H1, so I think many newbies will be buying a BTC right there.
I do have to remember you all that it is a correction, so do not SHORT more that you can control. Every long bull run correction may bounce instant without volume and will burn you out on a Stop Loss or even Margin call.