CobraVanguard

BTC/USD {fibonacci} Analysis

FOREXCOM:BTCUSD   Bitcoin
Hi every one

Bitcoin / U.S. Dollar

As you can see, Bitcoin is in an upward channel, which is in the weekly time frame, which increases the importance of this channel.
If this channel is not broken, the price of Bitcoin will definitely reach the 15200 Fibonacci line, which is an important line.

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Comment:
MY PREVIOUS ANALYSIS
BTC/USD On the way to the price of 14300!
Trade closed: target reached

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