skd1

Not so fast Bitcoin!

Short
skd1 Updated   
BITMEX:XBTUSD.P   Bitcoin
We still have not retraced to Fib 618 which is a very important level at least, so relax, take your seats, and make your limit orders. Bitcoin must do it, otherwise no matter what bullish would come next time as anticipated, I would be deeply concerned if it would have any natural foundation at all.
Comment:
It's even may extend to 7675-7700 area if the fib retracement is measured to the actual dip of 3500.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.