BTCUSD Mapping A Correction

Price is currently in a corrective phase bulls will be watching for reversal patterns to develop on a test of the projected ascending trend channel support sited just below 34600, demand here will set a base for the next upside extension through prior cycle highs en-route to a test of the projected ascending trend channel resistance above 78000. Only a loss 28600 would warn of a deeper corrective phase to test the major equality objective at17191