Quantium_Research

Strong price barrier brings abc correction to an end

Long
BITFINEX:BTCUSD   Bitcoin
Look at the strong support which brought bitcoin's intraday abc correction to an end. The market reversed decisively on the coincidence of the 1.618 extension of the b wave and the pitchfork trendline shown in the green circle. Bitcoin has been very responsive to the levels revealed by these overlays. Keep watching these levels!

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