Bitcoin is going to end the Minor correction soon. With the new data since yesterday we can confirm three major buy zones.
1 ) Double bottom zone - this is where the 5th Wave of the C leg can do a double bottom according to 3th Wave - 30% chance - 7650$
2 ) Normal 1:1 Zig-zag - this is the zone where the 5th Wave of the C leg can do 1:1 Fibo extension - 50% change - 6500$
3 ) Extended 5th Wave - this is the zone where the 5th Wave of the C leg can complete another extended 5th Wave and the last major resistance zone since 06.02.2018 - 10% change - 6000$
4 ) Under 6K will be free fall - resistance zones - 5000$ and 3000$
Take into consideration that BTC is already very oversold!
The Minuette Wave 2 retraced at 0.618 so a small retracement to 8350$ of Wave 4 is expected.
Legal Disclaimer: This blog post and the materials in it are for informational purposes only. I'm not an financial advisor. This is only my opinion. It is not advice or recommendation to buy or sell according to provided information about the price movements and I am not liable for any pecuniary damages!
I agree that it is going to end its correction soon, but my TA falls somewhere between possibilities 1 and 2, with a bottom target of around $7.1k.
That said, I'm liking the fact you've given options. It's our job to determine which option looks most likely with the data we've got.