![bitcoing5.PNG](https://steemitimages.com/DQmcdPWgq3Wh9g5GGzmwWxxGnH1n77ftZ577xvG9pbiKMLK/bitcoing5.PNG)

Finally we had bounce around $2200 area and moving back to its mean rounding top which is close to $2650-$2700 is the resistance to offer during this entire bounce.

Any break at the rounding top will have upward thrust to $3500 by breaking out of the top area and testing the same curve to test and march towards to $3000 initially and consolidate to make new highs but this has much work to do as the damage has done and needs alot of repair so what does that mean:
1.Correction price wise
2.Correction time wise

Once we have time wise correction with back and forth filling in this then new participants will join the bandwagon only when it breaks the rounding top, Otherwise we are going to test the next level of support drawn around $2000 which is very bearish sentiment.

So stay caution with the bounce as its going to be trading range from $2500- $2700.

Good Luck
Happy Trading.