23.6% retrace means strong uptrend? corrective trend broken and retested wave 2 done currently ongoing for wave 3
We're aiming for BTC to form a bearish divergence. We need to be bullish first by reaching 10k max.
Looks like it should go down to our entry level first. Entries and exits are on the chart.
Bearish scenario will be invalidated once we reach the 9700 level. As for the bullish side, we are trying to break the 9500 - 9600. This area is the 0.5 and 0.618 levels which again, are very hard to break.