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Windwaker
Oct 15, 2017 1:18 PM

Fibonacci BITCOIN Daily Analysisi Long

Bitcoin / U.S. dollarBitstamp

Description

We are facing the the third big move of Bitcoin - 7k is the 161,8% extension of the 2nd big move - But may retrace let's follow these levels

1st spike
- retracement @ 50 % fib
- extension above 161.8%
2nd spike
-retracement @ 50% fib
-extension @ 123,6% fib but may go @ 161.8% -6923
3rd spike is not confirmed yet but may
- retrace @ 78,6% fib 5228 or 61,8% fib 4746 or 50% fib 4407

Comment

78,6% fib 5228 hit - nice tail
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