CryptoAdviser

Bitcoin Direction ?

Short
BITSTAMP:BTCUSD   Bitcoin
Bitcoin surprisingly fall near the support level, and some traders also failed to know the main reason behind this drop. Anyway lets look at the 4H chart, draw Fib Retracement. This is the major key Zone, we can see upside move. we must watch movement price action right now. But if the price will drop below this level next one will be 3000$ by looking on FIB Pattern. after touching this level, bitcoin should jump towards focus point. lets c what happen. Possible scenerios can be seen on chart.
Good Luck!!!!!!!!

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