BTC to USD now at $44,800 after tumbling down due to the Tesla announcement.

Monthly candle chart seems to indicate $42k price is sitting on the golden ratio, crash through that then $35k is the next fib retracement spot.

I'd wager that $42k will have good support but there is quite a long week still ahead so lots can still happen. $35k by Sunday is still very possible.

Worst case scenario is btc drops to $35k then immediately bounces back but likely not to $50k. Profit-taking should be expected at $45k.

This will be a fun month.


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