First of as a note I do not use margin when trading cryptos and I also do not short. This is just technical analysis, and why I do not have position in BTC. We are currently in wave B of corrective ABC wave after completion of Elliot Impulse 5 wave series. We broke the top of the previous channel via over-performance. I expect more upside to this B wave with a top retesting the top of the channel(7000) before C wave begins. Upon completion of C wave, I expect us to be 5,100 to 4,600 although we must be careful of overperformance and panic as well. I am looking to buy in the green channel.