Yellow boxes are current zones that I'm looking for to long BTC. We are still too early into a correction, as we develop more waves we will have more clue about turning point.
Green fib is arithmetic scale, yellow/gold is a logarithmic scale. Blue lines are fib time projection.
8.5k +- my retracement numbers too. Rally could extend but I am seeing lower highs and lower lows since last months hit at 13k+. Resistance seems strong and tether did big print out on the 3rd with intel from A.N. Other so a good pump can happen and JohnQPublic gets stuck when the tide rushes out. Just my 2 cents and I like your chart. Especially with your fib lines.