Bitcoin is still overdue a correction. In my experience you can sometimes guess a final target correctly by using the fib tool. Notice how the mini supports correspond to the different fib levels. This assumes a target of 38682-ish.
If we break the red line I expect extreme levels of FOMO, pushing it potentially to 30k+
But I won't be buying. This was not a proper pullback. For 8 months we've had basically no pull-back and now it wants to play games by having a 2 day correction of 16%? As I said, I won't be buying. Not until I see a 25-30% correction.
As per usual BTC has gone up way too fast, and thus needs a correction. We are now hovering just below ATH. My guess is we fall down from here to around $13k, with a resumption back towards $20k and beyond.