BTC analysis Drawing a Fibonacci retracement from all-time | CryptoCrash®
BTC analysis
Drawing a Fibonacci retracement from all-time highs to the lows in July gives us the 0.786 retracment at exactly where the price stalled yesterday, around $57200 level.
We could expect some type of pull back to around the $52K $50K region.
This will be a healthy pullback before seeing further highs.