So let's make this simple on weekly chart. Take a look on weekly candle.
IF candle body close above 11607, THEN we are going up again to retest upper level and our target is to break 13609. Break 13600 we are good to go to 16K and then 20K.
IF candle body close below 11607, THEN we are going down again to retest 9604.
Let's wait for a reversal. Hope this is the dip which stay above the 4H trend up line. Once we see a reversal, we are back in business. However the correction is very healthy as long as it's stay above the line.
Yes as simple as that. No more indicators is needed. In the next 1-2 weeks gonna be a boring week, but that will give us some good signal for the bitcoin market. Keep waiting :)
![XBTUSD.P: [BTC] Waiting for a clear direction](https://s3.tradingview.com/p/PbsGkGq4_mid.png "[BTC] Waiting for a clear direction")
![XBTUSD.P: [BTC] A very healthy retracement on BTC. Still bullish!!](https://s3.tradingview.com/5/5x2i9bHH_mid.png "[BTC] A very healthy retracement on BTC. Still bullish!!")
![BTCUSD: [BTC] Wait for another 2 weeks from today](https://s3.tradingview.com/0/0YStBh3Y_mid.png "[BTC] Wait for another 2 weeks from today")
![BTCUSD: [BTC] Better to wait until it's enter the golden zone.](https://s3.tradingview.com/i/iXzeJ9Nh_mid.png "[BTC] Better to wait until it's enter the golden zone.")
