Just making this quick post to suggest a short fib retracement-based explanation of why we're not conquering 45k-50k next, even if we consolidate at current prices for a little while. On the chart you can see 2 fib retracements: the one of the most recent run up from $33k to $45k, and the bigger one (which values are outside the frame) from $30k in July to $69k ath. Ironically, the current price level BTC is trading at corresponds to the .786 fib of the ath retracement, and the .618 fib of the recent run up: both beyond .5 retracement. What do I think this means: given how low we've retraced from ath already (.786), if we were to conquer the $50k area again in the current run up we shouldn't have retraced this low (.618) in this current run. Having retraced to where we are right now, this puts us in a position where downside continuation is more likely than upside reversal. Don't know when exactly we could expect that, just saying the odds are higher for $33k and perhaps further down, right now. Tell me what you think.