Here is an overview. The market is still in an uptrend and there is no signs of weakness till now. After this slow rally BTC was trading with a bearish divergence and this dump signifies a healthy correction. It can retrace to the gap levels easily. A deeper correction can also push it to 37,785. The trend will reverse if price closes below 28,815, which is quiet far from here. I will buy more in the blue area below. Most probably BTC will form a range here
Trade closed: target reached