After a short rally, BTC was rejected by the .236 fib around 51.6. Right now we are being supported by the daily 21EMA and finding support on the .382 fib level. If we do not get a daily close above the 21EMA we will see further downward price action toward the .50. Ultimately I see the retracement ending at the .618 fib level where I think we will continue the rally to a new ATH.