ryan-snk

Bitcoin - Fib Analysis

BITSTAMP:BTCUSD   Bitcoin
Bitcoin bots love the fibs.

Would be no surprise to see a dip into the $6,000 - $7,500 range around the 0.618 fib and 200 week EMA.

However, if traders can push it to $12,000 this would be an area where sellers are likely waiting to take profits.
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