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BTC tracing towards $7578

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Based on fibonacci analysis, it appears that the BTC to USD price is fitting nicely into this trend. It just hit its floor around $5392. It appears to be moving towards its upper ceiling $8900 range. Remains to be seen in this volatile market in light of the ongoing virus outbreak. Current floor may bea near $4109. At which point, it might be a good buying in price. The Next ceiling we will be approaching is near $7275 range. Currently appears to be in a upward trajectory.
Note
Selling at around $9100 to USDT

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