If BTC Bitcoin price breaks down I can see the 0.382 fib as support area. This also comes in around 50 SMA. I also want to point out on a larger scale a rising wedge in the orange triangle. It is definitely something to pay attention to. Analysis is on 1D chart.
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk #bitcoin #altcoins