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Aleksin_Aleksandar

Bitcoin and resistance level at 38.2% Fibonacci

Bitcoin (BITSTAMP:BTCUSD)  
Aleksin_Aleksandar  
BITSTAMP:BTCUSD   Bitcoin
Support and Resistance Fibonacci
2
3
supportandresistance fibonacci
Bitcoin is encountering resistance in the $16870-$16890 zone, and we need a break above to continue the recovery. Otherwise, Bitcoin price will pull back to the $16,750 support level, and we may see a breakout below and a drop to the $16,600 level.
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