BTC bonded from the weekly resistance at 8470 level which meets the 50 MA (daily), BTC goes down again under the center line of the descending channel on the way to test the big descending channel which meets the 61% Fibonacci (monthly) and the 25 MA (daily), but looking at the chart there is a pattern its target is at 61% Fibonacci (daily for last wave) and the 100 MA (4-hours).
let's watch now