The daily market for BTCUSD , after forming the bearish Gartley I reported in a previous chart, is correcting.
If the figure completes "by the book", the target price should be around 11000$. It is indeed unlikely to reach that level given the volatility and the tumultuous market so I traced that level as a strong support.
It seems more likely that the drop will stop at an intermediate support (dotted line) to possibly revert the trend and become bullish.