I think this is the correction we have all been waiting for. I think we are going to test the $8000 support level and bounce back up to a new ATH of $12,000.
The last major correction lasted for 7 days. I expect the same to occur here but last for 8-9 days. This is dependent on BTC falling below the triangle.
Note
Even as I type this BTC has fallen though the triangle
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