The BTC barely broke that pretty significant support line and the bounce so happened to hit the "first stop" fib level. It looks like BTC is going to go and retest the resistance line which happens to align with the .786 fib level.
If we break AND confirm the break on one of these trend lines, obviously we will know if bears or bulls are in control. But for now I can see a range between these two levels.
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Looks like Mountain man 61.8 level shit on the parade again.