Seems like a reasonable Fibonacci retracement of 61% before Wave 3 impulse off 2018 low point of $6000. It was written in the stars. If we go below $6000 then I worry. When we go above 11800 or let's just say 12000, institutions will start piling in because it signals the formation of a 12345 Impulse Elliott Wave by entering 3rd wave territory.