Bitcoin looks like it's retracing to 61.8%. I did not show the fib on my chart, but it's around the 3450 level. If bitcoin were to break below this level, My analysis is incorrect and we could see the price break below the low of 3100. However, if we hold above and we get buyer sentiment, we will probably see a rally to 4k+. I'm currently setting my buys around 3400-3500 with sell targets at 3700, 3900, 4200, 4700, and 5200.