BITCOIN is retesting the support level at the current Fibonacci level,which if it fails to break, will be forming a double bottom on the weekly chart which is a massive bull entry sign.
BITCOIN will be on a massive bull and minimum bear run till it reaches the level at price 64k where it could form a head and shoulder pattern before making a major retracement of 30% - 40% before heading to make a new high
BITCOIN is likely to succeed on it's current level as it is it's strongest support level, if not the recession would only come faster than we imagine.