johnrblakejr

Bitcoin Price Direction Prediction

Short
BITFINEX:BTCUSD   Bitcoin
If you are a Fibonacci trader you are looking at BTC coming down into the $11,000ish to $16,000ish range between the 50% and 61.8% retracement levels... If you are a moving average trader we also have the 200 period moving average right in the middle of that zone where BTC has bounced off of twice before... if it does go that far down it will take a long a** time to get there but when it does back the truck up and load up for the next rally ..
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