BTC likes to take the stairs up and the elevator down.
At least it is going up though!
More good news - the new uptrend is still in the 1st quadrant of the Fibonacci Fan.
However, it is currently in a neutral spot and holding the 23% retracement level from the prior 6k low.
I may take profits in case it drops down into the second quadrant, so I can get a discount.
However, I am hoping it holds and moves upside.
Either way, I am still bullish long term.
For the BTC uptrend to continue, it needs to make a new swing high above the previous high of 19k.
So if BTC performs like it always has, then I am expecting a 2X here at least!