a projection based on a fractal of 2013 correction after the first bull trap .. note that its H4 vs H8 comparison as timeframes slows with magnitude and the volume adoptio etc..
based on the correction pattern in 2013 we might continue the shake out all the way to 7-8 K range around the 0.618 FIb or go highr from here if the resistence doesnt hold and FOMO kicks in..