As BTCUSD just brokeout the FIB 0,618 retracement i think the next target will be FIB 0,5 (11.700 $) which is also the end of wave 4 (look at the white downtrend lines).
So the last wave of the correction shall begin. The price may fall dramatically below 6k but i dont think it will break down FIB 0,786 which is wery strong support
Before the end of March i...
As you can see Stoch RSI is at over bought an also Volume is not enought to make that miracle happen.
Bu what if?
I think it will broke Fib 0.618 and pass through Ichimoku cloud.
Next resistance is 1473 Satoshi
