I've combined several ideas from multiple charts into one. Main chart layout uses fib circles created from trend lines and fib channels. Chart has played out nicely so far. I've included a Wyckoff Accumulation layout on top of the chart and so far price has been respecting it nicely. I expect a test of 48K for Bitcoin in the near future. After all Bitcoin will fly...
I see many similarities in the current BTCUSD 4 hour chart with the May 12th correction where we saw BTC correct 50%. I believe BTC will push up the next day and retest the 39K price before a potentially large correction. There are bearish divergance signals flashing on my 4 hour indicators. I see BTC testing the 30K range as a possibility in the near future.