There's also a TD9 on the 4 hour chart, which has absolutely rekt us every single time in this dip.
70.5% retracements have 2 major targets - one at the 100% fib ($6000) and one at the 1.618 fib (4000-4500$ depending on the exchange.
Now it's not a certainty that this will happen, but I can at least point you to one 70.5% retracement we all remember:
The past week has been very solid for me - I 3x'ed my bitmex acco96unt by swingtrading. I recognized the top around 9100 and sold everything to fiat + opened shorts around 8800. The possibility that we go down below 6K is there and very realistic. But in case we do go manage to bounce between 7200-7600 and then close a daily candle above 9200-9500, we have to account for the possibility that we will make a new high around 12k.
I did find an interesting fractal just now that I wanted to share:
Please watch for a hard bounce off 7500.