The way Bitcoin is dropping: a slow downward grind with two steps back, one step forward! Subsequent price rebound to the Fibonacci retracement 0.618 level in the chart below, which is the strong gravitational price around 63,600. Short entry range: 63,300-63,800. The final target prices for Bitcoin's drop are 62,500, 61,500, and 60,000. If the extreme drop target price stays above 60,000, you can consider going long.