BTC USD, Bitfinex, 1 day chart, fib and MA 50 analysis

BTC USD, Bitfinex, 1 day chart, fib and MA 50 analysis: On 22/12/2017 we saw the price dip down a little below 0.618 on the fib retrace chart, before rebounding. At the same time the 50 day moving average intersected at almost same point as the fib/price intersection. This is significant on the daily chart. Moving forward a few days to today (25/12/2017) We see that the price range neatly fits between 0.382 and 0.5, bouncing off both bands. I am bullish. Think we will see 2-3 days more of this price range (Based in the Demark, which is time based, rather than price) before we attempt at a run at the all time high. Disclaimer: If they do a pump like they did in the last week or so, then all TA is out the window. RSI and MACD are already useless.