This is my thought on BTC.
We can see that we are still in the corrective phase of an Elliot wave, we already have passed A & B but C is still going.
I tried to determine where C will ends, I've got a zone between 8.3k and 8k, to calculate it I used :
- fib extension 1:1 of the A-B corrective waves
- 1:618 fib extension of the 2 first waves already...