Fib circles and retracements are one of the best tools/guides to where the market may head.
You can clearly see that previous action truly respects these lines.
On this chart we see that Bitcoin has failed to pass through the top white line which is a larger fib circle on a number of occasions.
Once it breaks the orange circle that has been supporting it the next step would be the following orange line further down.
I believe we are going a lot further down...probably about 30% up from our previous major low at $3067 so around $4200.
If you're holding BTC or trading long... GET OUT NOW!
This is my first publication... hope you like it and even more importantly take action accordingly.
Any comments and interactions with this my first post would be much appreciated.