JustinSchapansky

XBT - Fib Levels

Short
KRAKEN:BTCUSD   Bitcoin
Looks like Bitcoin is stuck in the red. Note the support and resistance levels in the Fib Chart from the most recent downtrend. It would have been nice to see it trend up to the 50% fib level however since it hasn't yet, very possible coming to test 3175 again. Just a guess this moment but usually the Fib Chart holds up.

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