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Previous BTC dip lines up nicely with the 0.618 reversal area 1D

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Previous BTC dip lines up nicely with the 0.618 reversal area on the fib created after the end of a historic rise. The purple area is my buy zone. This would also be a nice 30%+ dip which I'll be trying to snag.

I also could be wrong and this could be a minor blip and up we go to 60k+, after all, we have institutions buying up large quantities and exchanges still running out of coins.

Excited to see where we go either way!

*I make no claims of being a pro I'm just at the end of my second year in crypto and by no means an expert on TA. Criticism/refutal welcome with explanation*
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Also could be worth noting the 0.618 area is also at the top of the last rise.
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