Bitcoin could go back up to 10k and above if the inverse head and shoulders completes. We also seem to be in the 3rd wave of an elliot wave which could also send us up to 1ok. The cross in the blue and red lines indicates a bearish turn but since its above the cloud its a weak signal. The dmi shows not much momentum but more so to an uptrend and the macd looks ...
It is my thought that these are a few levels to which BTC will pull back to prior to a second attempt on breaking $10K. I believe 38.2% at around $8940 is the most likely target, followed by $8280 and possibly even $7215. I will be watching this closely.
