BTC is taking a breather in this bullish market. Refueling at $25k levels before the the next run to the upside and a 12345 wave...
Another possibility (more bearish) is a corrective 12345 waves which would take a few months to complete and probably go as low as $18k-20k... Less likely in my view as the new ATH proved to many that the interest in 2017 wasn't just a speculative short term bubble but rather a step on the path where BTC becomes a major force in the world of finance and a financial assets everyone is going to take part in.
Another possibility (more bearish) is a corrective 12345 waves which would take a few months to complete and probably go as low as $18k-20k... Less likely in my view as the new ATH proved to many that the interest in 2017 wasn't just a speculative short term bubble but rather a step on the path where BTC becomes a major force in the world of finance and a financial assets everyone is going to take part in.