BTC is currently reacting off of a double top formation. I have attached a key support level in my opinion along with a Fibonacci graph. Ideally you would not use a Fibonacci indicator but the support area has some structure within it.
Because of this structure if price breaks through this zone I would look for a pullback before selling off of the support that turned into resistance.
Because of this structure if price breaks through this zone I would look for a pullback before selling off of the support that turned into resistance.