BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
The BTC/USD - one of the most commented pairs recently. Well, the RSI did not lie for 5 out of 6 times and I think it is so reasonable to trust it now. What is more, the upper red line, or the resistance, was once broken on the last days of Feb. Thus, I believe that the price is not following it but the Fib levels. Indeed, the price seems so sensitive to Fib, when look back in the past. Another very thin black line was resistance for a while and now support. If the price stumbles, the support levels I spot are between 7878.7 and 7588. Though, I am positive and I believe it will follow its nature and rise up to about .38 Feb level and hover around that level until its next move.
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