After the growth to $10000, 
BTC was extremely overbought and we saw a consequential dump to the key level we mentioned in the previous updates. Moreover, this dump helped CME to fill the GAP on Bitcoin Futures.
It seems like the price can leave a iv point of correctional waves at this point. If the asset continues bidding above the mentioned level of ±$9800, we can expect to see further growth after some consolidation, but if there will be fixation below - the dump would continue and bottom would be low.
BTC was extremely overbought and we saw a consequential dump to the key level we mentioned in the previous updates. Moreover, this dump helped CME to fill the GAP on Bitcoin Futures. It seems like the price can leave a iv point of correctional waves at this point. If the asset continues bidding above the mentioned level of ±$9800, we can expect to see further growth after some consolidation, but if there will be fixation below - the dump would continue and bottom would be low.
Note
Yesterday I've told that the consolidation below the red level will lead to a continuation of the dump, so currently we expect the price at $9600, at first. If the price of BTC returns to the red level, it would give you a great opportunity to open SHORT, but enter this position only after you see any reversal pattern near this level, as it means that the level was tested and flipped into resistance. 
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Related publications
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Klondike Official Links:
Website:
klondikepro.com/
Public Telegram Channel:
t.me/CryptoKlondike
Twitter:
twitter.com/Robert_Klondike
Trade on Bybit with us:
partner.bybit.com/b/6694
Website:
klondikepro.com/
Public Telegram Channel:
t.me/CryptoKlondike
Twitter:
twitter.com/Robert_Klondike
Trade on Bybit with us:
partner.bybit.com/b/6694
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.