As we see the bitcoin
price, each time after reaching its peak, it falls (by 35%) to the MA 120 (level 0.618 of Fib retracement) and grows by 150%. This is already a common scenario for Bitcoin
. Well, now it will drop to 5,000 and it's not hard to guess what will be its next peak - it's 12400. After that it will fall to 8000 and so on, until unknown what will stop it.