CypherXT

Back at 61 Fibo with good volume - are we going to hold?

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
I just updated the death cross projection and there may be a possibility to avoid it.
How it stands now.... it looks like we're going to cross on the 1st.
I am bullish on Bitcoin long term but this 61 mark Fibonacci level must hold so I can remain bullish .

If it goes lower than 7900, we're going deep down and if the Death Cross is complete, we might have BTC at super offer :)
Hit the like button if you feel the same and liked my idea.

Cheers
I believe that to be a "death cross" the cross over has to look like a cross + , not just cross over?
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CypherXT alexyeoh
@alexyeoh, hey Alex, no, it doesn't have to look like a plus... just a cross over will indicate a death cross
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Really nice bounce, but I agree. $7,200 is the next line of support.
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CypherXT RobertBizzarro
@RobertBizzarro, Yup, and we're still rolling downwards to 7200...
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