BTC has been bleeding the past 3 months. I'm a big fan of the Fibonacci and the .786 level which on BTC, lines up at around $37,200.
We also see a shoulder, head and are missing the last shoulder.
My prediction is we hit the $37,200 level and bounce back up on a great bull phase to complete the final shoulder.
*I want to say these are my personal ideas and NOT financial advice. Just what I think MIGHT happen. Do your own analysis!*