Hello traders! At this moment BTC had a strong rejection from 38.20% fib retracement. You need to remember that BTC is in a corrective structure right now. The correction is not over yet. Short term target will be inside the channel. We need to see how the price will behave inside this structure. If the price will not rise aggressively up to the top of the channel - green dotted line, then it's possible another down move. Be patient and wait to see how price action develops. Don't jump into the first green candle. We need a STRONG breakout of this structure to confirm the long opportunity. Follow me for future updates. TRADE WITH NO EMOTIONS!