Bitcoin cleared 11,000 and that seems to have been the trigger for the profit taking to start. This is the first sign of a correction. I do believe the price will go much higher in the longer term but this will be a much needed shakeout.
I will be murdering these bitcoin options when they start. It is going to be great fun.
Bitcoin 4hr and daily. Target for a correction down to 6,000 area. This is not a confirmed reversal yet. Have to see it on the daily to be confirmed.