BTC 1D PRE-HALVING BITCOIN ANALYSIS

# Both Gann Square and Gann Fan were drawn from the high point of 26 June 2019 until recent low of 12 March 2020 selling fiasco.
# Price currently located just above a 0.75 fibonacci, a possible upside movement would be to test 0.618 level which is around $8300 and a possible short-selling interest zone for institutional traders. The 0.618 level also close to a 2/1 Gann angle line, a sustain staying above this level could signal a change of longer term view into bullish.
# The price could get knockout though (possible short-selling, whale intervention, traditional market/fed stimulus breakdown, COVID-19, price correction, crypto exchanges stop-hunting, bull trap, buying dip opportunity) so this 0.618 fibonacci + 2/1 Gann angle level currently looks so important. If eventually it has to go down so to speak, $6000 is the level it could go, it could go and test $5500 or even $5000 (which then it could bounce very quickly), but lower than that seems unlikely especially we are so close to Bitcoin halving which could initiate a miners intervention to keep price stable.
# Another bottom to $3000? On personal notes, recent lowdown is the bottom we are looking for, another bottom would shake and crumble entire crypto market and threw out this analysis out of the window. Lets not go there.
# In conclusion, the halving will definitely brings Bitcoin into high volatility, probably into nothing like we ever seen. There is a high probability of knockdown from $8300 level with sellers orderbook was seen at $7500, $7700, $8000 levels with lots of BTC transfer activities and USDT being minted. This small windows of short-selling could bring BTC down to $6000 (accumulation of BTC buying begin) possibly $5500,$5000 as well but then it could bounce very quickly. From there, the price could surge (driven by high volatility and high volume) toward first breaking 0.618 level, then 0.5, and then ranging for a while after breaking 0.382 level, from there it would make another surge when everybody is getting bullish and fell good factor kick in, then it would be unstoppable.
# This analysis is no way to be consider investment advice. Merely an observation and opinion. Do your own research, trade at your own risk. Always employ a stop-loss and proper risk-management. I would not be responsible for any kind of loss, made from reading this analysis.