7/27/19 - Likely Downtrend Until Bottom of 7.8k-9k

Once bitcoin does a .5 peak retracement, it often goes down from there, until it bottoms out and starts another peak. If this is true for this peak, then the .5 retracement at 11k should continue to downtrend until it reaches the bottom at 7.8k-9k.
Fibonacci

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