thedeepsinghal

BTC reached Fibonacci Resistance. If breaks 86k+ confirmed.

Long
thedeepsinghal Updated   
BITSTAMP:BTCUSD   Bitcoin
BTC reached Fibonacci Resistance. If breaks 86k+ confirmed.
Comment:
Bitcoin just kissed the $51,000 resistance and rejected from there. The good thing is BTC is trading above the $49,300 support and we may see another retest of $51,000 today. This is the decision area and BTC need to break and hold above $51,000 to go towards the $55,000 area. The support rea remains the same.

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