PAST
BitCoin reaches the 78.6% Fibonacci retrace (from the All Time High to Zero).
Chikou Span (left) deflects bearishly, off the Price line (once again).
The red Kijun Sen and the blue Tenkan Sen lines also deflect Bearishly.
NEXT
Bears after deflection of the Blue and Red Lines, now seek life below the last Fibonacci.
Bulls pray for a green candle and support at the 78.6% Fibonaci retrace.
WRAP
Bears seek to stay below the blue line and and seek life below the last Fibonacci.
Bulls hope to form a bottom here and get above the Blue Tenkan Sen Line.
