As we can see, BTC has found a rejection on the 1;1 fibonacci extension indicating the end of a descending wave 5. However, we could still go bearish to the 1.618 but for now, a trade is available which is shorting BTC at the 0.618 and 0.786. 
BTCPERP
BTCPERP
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.