DailyChartist

First target for Bitcoin has been reached

Short
COINBASE:BTCUSD   Bitcoin
Price has managed to rise nicely over the weekends towards the 10917.44 price level and yesterday it landed on the 38.2% Fibo. With the current progression I am expecting the downmovement to resume in short-term aspect towards the 9100 - 9080 levels.
Price is still moving in the boundaries of the consolidation.
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