Bitcoin perfectly follows Fibonacci. Building horizontal line?

Bitcoin is perfectly following the Fibonacci sequence. I see patterns which looks like the chart is building an horizontal line now? Will this be a steady point?
Fluctuations will continue between 8700 and 10700. Every time when the resistances get broken, there is a change the price will go more long above 10700 or more short below 8700, and following fibonacci sequence prices will be touched. Interesting! I am very curious what will happen coming months/years.

Crypto currencies I don't trade as CFD's. Too much risk, mainly because they expire very soon every time. When you want to invest in crypto, I advise you to buy 'real coins' and not to speculate the chart with CFD's. I have bought XRP-Ripple, Bitcoin , Bitcoin Cash and Ethe