Something else to think about is that the nearest fractal support is at $8000 which means it very easy to drop to the sub 10K range.
LDD20
⋅
@silmaril0875, Yes, if BTC ever hits 11.5k there's a big chance that it's going to drop to $8000 straight after.
silmaril0875
⋅
Something to consider here. Looking at the previous times we corrected more than 40% ($2600 and $4200), the first drop and second drop is the shortest drop out of the 3 drops with the last drop being deeper than the first two drops. It could mean we going down into the 10K and not just 11K if this repeats.