Bitcoin_Altcoin

Rectangles of consolidation.

BITSTAMP:BTCUSD   Bitcoin / Dollar
181 0 0
The market has been range bound since early January. These ranges are indicated by Fibonacci levels, and the heavy psychological resistance level of 900. If we break out of a rectangle , the next level to watch is the boundaries of the larger rectangle . Market is consolidating and will stay range bound until we break up above 1000, or down, below 760.
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