> RSI Bearish Divergence played out very well and we saw a massive price decline after that. Now, we're expecting that BTC will form a Lower High before continuing its ride downward.
> We may see a price retracement toward Fibonacci 0.618 (Golden Ratio) before we observe the next price rejection.
> We're also observing a Head & Shoulder being formed in this range which may trigger huge selling but it will be too early to predict. So, let's wait for the price action.