BTCUSD What is your opinion

BITTREX:BTCUSDT   Bitcoin / Tether
The strong red line is strong support according to Fibbonaci, which is relevant looking at how the price has moved in the last days. We are already 55% down from all time high and at aroundprice 5850 it will be 70% retracement from the peak. We can only expect to see how the market moves. For those who want to buy some BTC , my idea is to put 20% of your capital on each fibbonaci level on the way down. In the end I believe BTC will rise to at least 12k USD

Let me know your opinions about this.
Update, seeing bearish moves for the next weeks
Are we seeing a double bottom on the 1h chart?
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