A fall below $ 7,950 on the bitfinex will make it clear that the markup is not valid, because wave 2 can not fall below wave 1. This will be very bad.
There are a lot of factors why btc fall,im not surprise with this, because i know thats reality, the fluctuation of price is real,im a positive thinker, im sure after dropping ,be ready for the big surprise of the price.