i can see moves as btc now correcting but i noticed that its going to draw a nice targeting the 11500 areas its not confirmed but if you seen it breaking out that channel again then it might be valid and the parabolic move may start again ..
its not a signal please don't take action unless we give a note about it
on other hand i can see bitcoin still have room to correct more at least to 8400/8000 areas also we can catch the 50% and 61.8% levels from the total parabolic move between 8000/7600 areas
so your decision should be wise how to enter and when to !!
best of luck boys and if you want to discuss the chart im always available to do that