BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
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Here, we are sitting at historic support level from April 2013 high. I believe that BTCUSD             will retrace to 302 before going down again to $190 bottom. Moreover, we have 0.619 fib confluence at 306.
From Cryptoalerts, "Please note that today’s low has nothing to do with support coming from April of 2013 “high”, while current market conditions are completely different.
Healthy support is estimated on the daily candle close and the retest of the daily candle close; not simply on a rejected daily “high” that occurred almost 21 months ago."
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