BTC retests ATH on several exchanges; completes cup of C&H.

even though we could have still completed the cup of this weekly chart cup and handle at the previous high around 19.6k or so btc has made it an even more text book cup by retest the ath on several exchanges. Technically the highest we went in 2017 was 20k here on the gemini exchange and while we haven't yet retested that we have retested the ath that was reached on exchanges such as bitstamp and bitmex. We could still retest 20k first but as it sits currently it is a textbook cup so I anticipate we could very likely see a big correction here in the coming week or 2 if we do that correction could go deep enough to fill the cme futures gap around 9.6k however i will start laddering in longs around a 35% correction or so laddering in much more if we reach 40% and from the will ladder in a little more for each additional 5% we drop from there. I don't anticipate it dipping lower than 9.5k but it may rebound well before that and prevent me from opening any longs at all...this is just my personal strategy and not financial advice. Also, even though I anticipate a retrace/ significant correction here I will not be shorting myself as it is a bit of a dice roll to try and shot btc during a bull market. I instead will wait for an opportunity for a good risk to reward ratio on a long. One last thing to note: we just had the highest monthly candle close in btc history...a very bullish development indeed.