we can see that in 2017 same thing happened bitcoin did a retest to 1.618 Fibonacci support then pumped to an all-time high
and here we are in the same point of Fibonacci after the drop
i see a lot of shit analysis in trading view, so I just wanted to post this
WARNING: after 2 daily candles closed below the 28500 this analysis will not work.
NOTE: even in 2013 same happened, Btc started to go up from 1.618 Fibonacci support
watch history then decide.