IMHO, Price will first go up, maybe touch or exceed $10000 (or even 11000) and then the Big correction which will be spread over many days will begin. The current fall of a few hundred dollars from 9450 to 9050 in last 10 hours DOES NOT LOOK LIKE THE BEGINNING OF THE NEXT CORRECTION TO ME. PRICE SHOULD FIRST SURGE-UP AND THEN CORRECTION SHOULD BEGIN. This ongoing dip close to $9000 looks like a short term BUY OPPORTUNITY to me. DON'T PANIC GUYS. IT MAY EVEN DIP BELOW $9000, BUT IT WILL BE JUST A DIP.
Alright, now you're speaking my language. This dip off $9,400 doesn't look like the end to me either. To me, it looks like another round of early bears trapping themselves below $10K. I think we're still gearing up for one huge FOMO leg. My eyes are on the monthly pivot level around $11,500. I could definitely see a multi-month correction happening after a blow-off top like that.