The fib ring goes from the very bottom to the very top. Each time the price crosses the fib, something happens. When we cross the upper half of the ring, we have a push up, if it touches the lower, it drops. We crossed, and we are pushing up. The obvious target is where basic trendlines cross the fib circle. Hold/long for 1mil, not coming lover than my red trendline
We clearly see the yellow line is respected as support. After the line is breached, it should continue to drop. Maybe it will climb to meat the pitchfork at 7600ds, but then again, maybe not.
Bitcoin will hit 5500 and then start bull run to 300`000ds