BTC IS SITTING ON FIB76.8 RETRACEMENT FROM THE PREVIOUS $33k LOW

Bitcoin / TetherUS BINANCE:BTCUSDT

Rawlings_NG

BTC is currently sitting on FIB 76.8 retracement from the last $33K low.
There are two possible things that can happen after the FLASH crash from $40K yesterday.

1. Break back into the descending channel and rally a bit

2. Retest the resistance of the descending channel and the fall continues to $44k – $43K.

Share your thought.

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