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BTC:USD manages to break above 61.8% Fib level.

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
Expected to retest it again, and then will see where it will go from there.
If it finds support, expect BTC to continue higher to 38.2% level.
If it fails to find support above the 61.8% Fib level, there's a high possibility of it falling all the way down to 3800 again.

See also XBT/ SPX ratio analysis:

More current XBT/ SPX update:
Comment: Constantly re-adjusting my Stop Loss unemotionally with the aid of my script (based on stdev and relative candle movement/directionality):
Comment: BTC broke below the 61.8% Fib level but appears to hold support above the Ichicloud and the 21EMA on the 3hrly chart.
Comment:
Comment: BTC still holding above the 21 EMA.
A re-test of the break out higher from the ascending triangle?
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