B33tcoin

Fibo projections on a short term timeframe.

HUOBI:BTCCNY   Bitcoin / Chinese Yuan
357 1 1
Bitcoin             Short term: Price just crossed down a technical level (fibo projections). Which scenario is the next one (most bearish ) ?

As I'm out the market I'll whatch this closely to maybe find a good windows to enter again. Or stay in fiat for new lower in case of scenario 3 <2000 CNY             .
Update1:
Scenario 0 has been choosen over the weekend.
Surprisingly, we just topped on the 1.618 fibo projection:



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