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greenrees

BTC bounced from 0.5 fib level.

Bitcoin (BITFINEX:BTCUSD)  
greenrees Updated   
BITFINEX:BTCUSD   Bitcoin
Trend Analysis Chart Patterns Technical Indicators
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trendanalysis chartpattern indicator
If BTC continues retracing , then next target will be 0.618 level i.e. 7800.
However if BTC gains momentum from here then target will be 11700.
Comment:
BTC a buy now.
Ladder your buys,
I believe 7700 - 7800 is the lowest it will go.
It is very near to 0.618 fib level.
Target: 11300
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