There was bouncing between the 61.8% and 87.6%, before eventually breaking through and then extending out towards fib level 4.272 at $8.5k.
If we extrapolate that for the recent move at $9k then we get something like $18.7k (C).
Anyway thought i would share the similarities between the two.
I would not recommend trading off this chart for obvious reasons but i remain .
The reference to my idea of January 4, 2019 should show that I haven't changed my mind about the crypto market movement since the beginning of the year and stick to my analysis.
Exact numbers are not important. Understanding what is going on is the most important thing to me. YMMV