BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
46 0 0
Only as an exercise.

I go long when the retracement of the previous extension hits 61.8% level. I expect a recuperation from 658.68$ to 683.38$. That last value is the Fibonacci extension of the hypothetical retracement. I can see that there is a little bounce at 38.2% but I think that this will be the B of an Eliot wave.

I don't think that 713$ will be reached again today.
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