dennisdaiber
Short

BTC/USD short-term target

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
On a 4-hourly chart, after forming a horizontal triangle, which is usually a continuation pattern in a downwards trend, BTC price broke down. On the moment of writing the price holds at a 50% Fibonacci Retracement level and in case of further continuation to the downside the next support might be at around $7000.

Comments

Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out