Just perfectly as we charted, Bitcoin went on to bounce to around $11,000/$11,300 before the next move.
As the chart is looking now, Bitcoin can start to retrace or go a bit higher before... But just as Bitcoin hits local resistance and starts to test support, many of the altcoins are completing their corrections and ending up with a higher low.
The market is in a distribution/consolation phase but will soon resume its growth.
We are likely to see a slightly bearish Bitcoin while the Altcoins and the entire cryptocurrency market continue to grow.
Additional details on the next update... Stay tuned for more.