BTC is trying to break out of the symmetrical triangle into a descending triangle.
Based on 1.618 fibonacci extension from the last peak, price will go down to ~$9000 where there is strong support.
If it bounces to $15,000, then we may drop down to ~$10,500.
Based on 1.618 fibonacci extension from the last peak, price will go down to ~$9000 where there is strong support.
If it bounces to $15,000, then we may drop down to ~$10,500.