BITCOIN SHOULD NOT CONSOLIDATE UNDER 8500 !!

Updated
So than it could be an reversal, if you follow the 23.6 retracement of Fibbonacci. Price is just lateralizing inside this channel, if you follow, since the beggining of the "Corona Dump".
Note
wrong chart sry
FibonacciFibonacci RetracementSupport and Resistance

Disclaimer