This is one posible scenario for BTC, I will publish another one.. If we get a good bounce from 7800 -8200$ level, we could asume that wave 3 is starting and it will get a break out of the dowtrend channel. End of correction, But if 7800 Support Breaks down, then we could hit 5.000-6.000$ again, to do a double bottom.. but this is less likely, feel more positive news about BTC
1 day Candlesticks chart
1 day Candlesticks chart