For the first time since 2018 BTC has seen 6 months in a row of red. Historically Bitcoin has visited the .786 fib during the bear cycle. This would take BTC down to around $39K. The difference between this cycle & prior (Why I believe we hold around the .618) is the institutional demand for Bitcoin now. If the .618 holds for Bitcoin, I could see something like this playing out.(CryptoDaddi)