If Gannfan scenario is true, Bitcoin may fall below $10,000. Take a look at Bitcoin's historical performance based on Gennfan:
Cycle 1:
At the top, BTC touched 1/8 of the gannfan and broke down 1/4 at the bottom
Cycle 2:
At the top, BTC touched 1/4 of the gannfan and broke down 1/3 at the bottom
Cycle 3:
At the top, BTC touched 1/3 of the gannfan and broke down 1/2 at the bottom
According to this scenario, Bitcoin will break down 1/2 of the Genfan, and this will require a price drop below $10,000.
Cycle 1:
At the top, BTC touched 1/8 of the gannfan and broke down 1/4 at the bottom
Cycle 2:
At the top, BTC touched 1/4 of the gannfan and broke down 1/3 at the bottom
Cycle 3:
At the top, BTC touched 1/3 of the gannfan and broke down 1/2 at the bottom
According to this scenario, Bitcoin will break down 1/2 of the Genfan, and this will require a price drop below $10,000.