What can we learn from the Fibonacci?

Combining the Fibonacci Retracements and the lines drawn, we can see the same occurances over time. The price retains above the 0.236 level before it slips further down. The red circles signify the pullbacks Bitcoin tried, but failed to make each time. The Fibonacci levels perfectly align with 2019's bottom. As always, don't wait for the perfect bottom and start slowly accumulating now.