Its in the fifth wave of its correction.
We saw the A and B (5-3) and now C(5).
This is more clear on the where we see 5 waves.
I think we're going down towards the 6500 ish levels.
This is the point where its extremely oversold on the daily and the fifth wave ( ) is ready.
From here the beautiful 'moon' is in sight.
Get ready to buy around this levels.
Make sure your ladders are good and have PATIENCE.
We can also go sideways from the APEX point, only confirmation and hype will bring it towards its new target (50k ish )
HAPPY TRADING!!! #LOVE
Can it go lower? YES
Will it go lower? I don't know, nobody knows.
I see a bounce on the 6k forming a support level.
If it hold and the bounce will be high enough, I think this was the lowest low we had.
The future will show us.
Watch for cross-over