bshgeo

BTC (BITCOIN) DEC. 23, 2017 Chart Elliott & Fibonacci Levels

Long
BITSTAMP:BTCUSD   Bitcoin
BTC in A-B-C corrective pattern. Wave B is upward corrective wave prior to decline advancing in Wave C as depicted. Look for re-test of Friday's low of 11159.63 and if fails expect BTC to move sharply lower to possibly as low as 6100 prior to establishing a new upward trend.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.