BTC is completely unstable these last days and therefore it is difficult to predict the next moves. Using this demonstrated pattern there is a possible chance that BTC will break the current rectangle in the next 10 hours and rally towards the last line of the Fibonacci Retracement.
BTC may hold at the value of 0.5 Fibonacci retracement for a few days until it does a valid re-test and continues to appreciate.
The chance of the BTC value retracting to $37600 currently remains low, but if it fails to break through and re-test within 3 to 4 days under the 0.5 FIB rectangle, an insecurity in BTC will increase.
BTC may hold at the value of 0.5 Fibonacci retracement for a few days until it does a valid re-test and continues to appreciate.
The chance of the BTC value retracting to $37600 currently remains low, but if it fails to break through and re-test within 3 to 4 days under the 0.5 FIB rectangle, an insecurity in BTC will increase.