Where! - The biggest orders currently sit around $8500US per the GDAX order book
link - http://s1.bookmap.com/?id=5d37e4f87865b
Why! - Its the 50% Fibonacci retracement and along with the 61.8% retracement around $7250US potentially offers the best value area to catch the next move up
link - https://www.tradingview.com/x/pAm7mv2v/
When! - In simplistic Elliot Wave theory if Bitcoin Mirrors a similar impulse move from point 2 to 3 as it did from point 0 to 1 then we should be at $20000US shortly after January 2020
cheerio
FXcrypto