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RE: BTC - Correction paused with a little reversal - Drop should continue soon
8 days left till Segwit 2x, so technically, volumes suppose to go lower and lower, towards the deadline. As some people will cash out or will be waiting.
I higly agree with those people who predict 5.5k-6k BTC pullback, that Bitcoin need some time "to grow up". Only two factors can do the opposite effect: mass media keeps spreading the word about BTC + Wall Street is starting to show interest in BTC.... so "fresh money" is coming and will be coming to BTC.
I agree with your technical analysis, but remember this is very new field (cryptos) so very hard to draw precise charts, and to guess if they would be correct.
For sure. Always use these predictions as an indicator but nothing is sure at 100%.