Comparic

Bitcoin found a support or heading stronger correction?

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
BTC /USD broke below 2000 finding itself inside the support zone (confluence of Fibonacci and high from the first part of the month). Now we should observe H1, H4 and D1 charts waiting for some Price Action buying pattern ( pin bar , inside or outside bar). If bears break below current zone, the scenario will change to the selling one - potential re-test of the newly created resistance should give some bearish opportunities and deepen the correction. Just wait and see

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