BitCoin is breaking down :( - 2017.12.23@9:17 PM EST

in bitcoin •  7 years ago  (edited)

2017.12.23 - Bitcoin Fib and Channel - Unhealthy and Breaking Down.PNG

It's been in a downward channel since ~19700. I keeps falling below the different Fibonacci levels which have served to act as some supports. It looks like it's on its way back to the low 1300's.

Update: Bitcoin is consolidating on the 15 minute chart. Expect a breakout one way or the other.

bitcoin cryptocurrency
7 years ago by

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      ·  7 years ago 

    HODL !!

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      ·  7 years ago 

    Indeed, it is disappointing to see it go anywhere but up.

    Hang on to your bitcoins and I would bet money that it goes up :)

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