btcbiff

Bitcoin daily with fib retracement

Long
BITSTAMP:BTCUSD   Bitcoin
Daily with fib retracement

Bitcoin appears to have found some support at the .618 fib retracement level

A move up would be around $8500 level .50 retracement

A move down around $5500 at the .786 fib level

We will keep a close eye on price action, macro trend still bearish, but possible reversal indicators are evident

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