This correction could result in a cup and handle formation. This would also make sence since BTC hasn't reached the market cycle peak yet and there is still room to grow over the next few months.
We could break 9400 and rally higher before we go for th next correction. We had a strong bounce at the .6 Fib level wich is typical for a cup & handle.
However you should wait untill conformation now before opening any position since it still could do bothways.
