In about 3 weeks the 50 week MA will be at the .382 fib level. We might see a slow grind down to the $8900 level and rip to the upside before the halving while the masses wait for the gap @ the mid 8k to fill, which may never happen.
@transparent-fx, Yes sir I agree with that video and if you see my Ideas posted on Feb 18th & 19th I was pointing our the weakness in the market and had a purple box drawn showing that we will be going to that level, but for me the time it takes to drop also matters, if we drop sooner that we will go lower in my opinion, I think it will be hard to drop below the 50 week MA but we should be testing it in the next 2 months. Happy trading!