BTC - Weekly swing high reached, next leg down

The recent 63K high closed the weekly imbalance (FVG) from previous ATH at 69K. On Daily TF the Feigenbaum fib projections are panning out perfect, with a first test of 1.6714, a retracement to -0.6714 before extending to target 4.6692 (and zone above). Next move would normally be down, and reaching external liquidity at 38K frist, and then perhaps all the way down to 15K.

Candlestick AnalysisFibonacciMultiple Time Frame Analysis

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