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BTC - First Possible bounce location is the .382 Fib at 26065

BITSTAMP:BTCUSD   Bitcoin
First Possible bounce location is the .382 Fib at 26065. From the chart the 150 Moving Average ( the red line ) is also at this area hence and could offer some support .

If the .382 Fib fails to produce a bounce then the next possible bounce area will be the .5 fib at around 24700.

As long as BTC remains above the .618 fib at 23400 the trend is still bullish .

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