BITCOIN MULTIPLE CONFLUENCES AROUND $4000 (0.786). WILL IT HOLD?

Multiple Fibonacci retracements appear to show a 0.786 region history and current confluence. Will this region (which has remained valid in the past, even with 25% variance around the exact level) hold ?
Bitcoin (Cryptocurrency)Chart PatternsCryptocurrencyFibonacci RetracementTechnical IndicatorsTrend Analysis

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