As Bullish as I am on BTC, we may have a bit more short side pressure. Starting Macro on the Monthly TF, the Fib levels taken from 2011 swing low to the 2017 highs mirror 2015 swing low to 2017 highs on the weekly chart. Once the 78.6 fib levels are decisively broken as well as a weekly close under the 200 MA, this could be pretty dreadful sign for btc hodlers. The 78.6 Fib level sits right around 4300-4400 level. BTC quickly dropped below these levels but found a bit of support at 3800, then quickly came up to re test the 4300 4400/78.6% area where it did find support. Daily chart has plotted double dojis during a 50% pullback from the recent sell off which could be a pretty good indication that the pullback is weakening. If and when the previous low is taken out around 3800, Ill be looking for next support zone around the 3k area, then 1200 zone and potentially find some support at/around 150 bucks.