FibnFork

Bitcoin spike into key level

BITSTAMP:BTCUSD   Bitcoin
The spike in btc ran right into key median slope resistance. Along with the median slope is the 50DMA & 38.2% fib retrace off Dec-Jan slide. A break of this level and a potential run to test previous highs @~$4100 is possible. Rejection, and we stay in this channel between the median line & 38.2% slope.

2hr pitchfork
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