Lets look at the Bitcoin and S&P500 from Feb 2016 to today May 2020.
Fibonacci Timezone is marked in Blue.
Looks like Feb 2016 was the start of the Great Bull Run for both Bitcoin and Stock Market.
BITCOIN 02/2016 - 11/2017
Retracement to 0.23 Fib ( $3100 zone )
S&P 02/2016 - 02/2020
If the same as in Bitcoin, Estimated...