BTC to test 618 and have a healthy retrace

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
Bullish while it holds the trend, but will it continue its run of strength?

After a strong recovery, BTC is approaching the 618 retracement level. BTC D is at a low level and would need a good dump to flush out some of the alts and recover its dominance for strength to push again.

I can see BTC getting a strong rejection off this level and dropping in a similar fashion (26ish %) back in February. Which fits pretty nice in the Fib levels.

Declining Volume approaching this level also points to a retrace.