Fib tools are great magic wands that you can use to read the market.

By using the fibonacci tool, you can tell that $BTC fair price is 76,413$

Yet, you can use them only to determine the market direction, as other factors interfer.

Personally, i believe the market will not drop more.

We will see BTC break the 100,000$ barrier and maybe reach 105,000 or 107,000 before a major drop to maybe 89,000 area, who knows! But time shall tell.

#N4G