Bitcoin Update - 01/30/2017

in bitcoin •  7 years ago 

btc fibs jan 30.png
Fibonacci projection for BTC pullbacks shows a reversal above 8.5k, MACD confirms this theory if we have a rounded fractal. If MACD starts reversing sooner then we might not even see lower than 9k.

btc bounce.png
Previous support on BTC at 9.7k. Expecting a short term bounce as illustrated.

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