Bitcoin, H1 - further decline ahead?

Bitcoin proce reacted on 50% fibo of last bullish impulse. Breaking below this level (ca. 34700$) can bring price lower. Next potential bullish reaction in the area of fibo cluster 61.8 + 161.8 of BC wave (level 33650-33850). Further decline can lead to fulfillment of harmonic pattern on 78.6 of fibo.
Bitcoin (Cryptocurrency)FibonacciMarket GeometrypriceactionSupport and Resistance

Disclaimer