There are 3 possible scenarios:
- double bottom at $30k
- break of $30k then a long wicked wick closing
- break of $30k and a prolonged dump until 2.618 or 3 FIB
However, as per BTC's DNA, it doesn't go below its previous blow-off top, which was $20k
Please note that this whole drop is probably just wave A of 4. Most likely, the BTC correction would be a...