yomofoV

will the new baby blue trendline hold?

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
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i drew 2 fibonaccis with 2 different starting points.

one beginning at the last time it touched the yllow long term trendline , at $12.82

the second fib beginning at the last time it touched the "new baby blue trendline", at $85. time will tell if the new blue trendline holds.
Nice reaction off the trendline.
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