Bitcoin Retracement Levels, Price Action

A Fibonacci retracement of Bitcoin from the all time high puts the current price level around .236. The daily chart looks to be in an equilibrium pattern. This would put a swing trade target to form a lower high in the equilibrium pattern in the area of $10,500 to $11,000 at the .382 level, which lines up with the trendline if this equilibrium pattern continues to play out and we break bullish from current levels.