If Bitcoin fails to hold the 61.8% Fib retracement at $7,845, a full retrace and double bottom at $7.4k is possible
Source: https://cointelegraph.com/news/doom-or-double-bottom-bitcoin-price-support-at-78k-is-key
Doom or Double Bottom? — Bitcoin Price Support at $7.8K Is Key
November 20, 2019
CoinTelegraph