16 days have passed since BTC hit its peak at 87396. Is the move from 87396 a daily-level correction or a weekly-level correction? We might get the answer as soon as this week: The lower observation point has been raised to 84000. As long as it doesn’t drop below 84000 again, we can basically confirm that the adjustment from 87396 to 82563 is complete. Under this scenario, the move starting from 82563 would be a daily-level upward trend. If the move from 87396 is a daily-level downward trend, the adjustment should end this week and continue upward. However, if it fails to break the previous high this week and subsequently drops below 84000, the adjustment will continue. If it breaks below the blue Gann angle line at 2/1, we should consider the possibility of an expanded correction level.