BTCUSD (D): Fibo Bottom and Retracements (Fibo 0 > 23 > 38)

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
2647 8
people ask where is the bottom? currently i see the fibo 0 at 5,870 (max. down). that would also be ma 300. then the next question arises, where are the retracements. maybe at fibo 38. that would be 10,900.

this is a short update chart. I will continue to follow my other charts. this is all about analysing where the bottom is and the next retracements. my long-term view is unaffected.

My upcoming charts will be more based on btc , so that those who have held btc will find the coins that increase faster than btc after the correction.

Possible retracements:
Fibo 0 = 5,780
Fibo 23 = 8,948
Fibo 38 = 10,909
Fibo 62 = 14,078
Fibo 78 = 16,333

Let's see what happens. Happy trading. :-)

See also:
Comment: in addition ... The current news could give fresh boost to the anonymous currencies like ZCash, Monero, Dash ...
Comment: one more info-link. in short: has been so expected.


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Thx for following A N D thx for helping.

Interesting what you say, Zcash has recently left a 6month downtrend against BTC - Do you feel we have bottomed?
btcinvests Nom_de_Guerre
@Nom_de_Guerre, i am working on th chart. here the current status.

@btcinvests, Nice 8)
Seems the Senate hearing went okay!
@leondb, yes
@leondb, has been so expected. Actually, not something new.
Thank you for the update. Nice to see that the MA300 is lining up with the fibo 0. Let's see!
@PMT2PMT, :-)
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