On previous analysis i've told you not to FoMO because it's target was 7.7k as swing high. Little bull trend is might still be there so be cautious for another leg up for 7.7k.
Let's put this away and focus on real profit;
There are two fibonacci levels which comes from the swing high and low extension.
The chart explains it simply.
1 hour of work. I hope this helps.
Can't be bothered at haters or EW junkies those of who actually have to read the f. book again to understand violation of rules occurs in highly leveraged markets. Yes, you can't treat Bitcoin as any other asset in the stock market in terms of rule application on Elliot waves.
Don't be the frog . Get out of slowly boiling tepid water.