Currently the 0.786 Fib resides at $5600 area within the same area as the 200 weekly moving average which we broke beneath for the first time in Bitcoins history! If Bitcoin cannot reclaim the $5600 area I foresee great risk to Bitcoin going forward. The two key levels currently to look out for are $4200 and as stated $5600 getting above $5600 we will have a momentous challenge of breaking through $6500 where we have had many months of price action. The modified NVT began to trigger on the monthly chart in late December of 2019 and was also signalling Danger throughout January. There is a possibility of moving beneath the lows of $3500 although that area will not break very easily as the lower $4000 area seems quite liquid. To summarise if by the end of this week we do not close the weekly candle above the 200 week MA Bitcoin may look to put in new lows in late April around the $2500 area.