⭐ Merited by dragonvslinux (1)
An orderly pull back to the 200 Day MA (around $8900) at a minimum is to be expected, and finding support from this key MA would be even more bullish (than being above $9K) in my opinion.
That's my ideal bullish scenario, the "time correction" I was talking about. Confirming the 200-day MA as support would be a conventional and straightforward bullish confirmation that would be difficult to ignore.
Either way, prices are looking very strong 
Agreed. I just think we need to mentally prepare for the possibility of a deep (50%+ retracement) pullback. In Wave 2 pullbacks, the psychology is often "bull trap over, new lows coming!" Then we get a higher low followed by bullish continuation.....