Bitcoin - healthy pullback

Bitcoin has rallied from a low of  32k on24 Jan '22  to a high of 45k on 04 Feb '22. Bitcoin hit resistance at around 45K sent it back down to a recent low of  39K which is a higher low compared to the low of the day on 04 Feb '22. Bitcoin is currently sitting at a  discount level of 50% on the Fibonacci retracement. Bitcoin price can still dip to  37k  which is  0.618 0n the Fibonacci retracement. However, if Bitcoin rallies from here my profit target for the next bull run will be around 51k.