Just made some measurements and fib projections. Thats one possibility how it might play out but does not have to. Nobody really knows but if there is a edge and the risk is right then its possible to capitalize on it. Best of luck!
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9800 has perfect edge
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Stoploss 9500
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9500 stop holds. Bitcoin is fooling everybody. People are bearish and draw all kinds of nonsense on the chart like ABCDE flag waves which does not exist. That last down move might have been still C wave of 4th wave and it added irregular/expanded flat on top of it so it came down bit more to screw those who dont understand how waves behave. I dont say I am 100 % right but I have made my homework. 9500 stop is still there and I am not afraid to be taken out.