BTC Liquidation analysis using Fib Circles

Bitcoin / Dollar BITFINEX:BTCUSD

bmoney2020

This is my current viewpoint of what is currently happening in the crypto market. BTC has yet to close below my sell break level on the weekly time frame. I can see price potentially using this inner fib circle as a rejection point to recover to the next fib level. Volume is high, and we could see some potential insane moves to the upside.

Though, if price breaks and has a WEEKLY BEARISH Candle that closes below my sell break at 29,725, we could see a plummet to 20k

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