Bitcoin Recovery Here, by Trevor Graham

in bitcoin •  7 years ago 

D629DF72-8A8F-4BCC-9F5F-6224319F1E6A.jpeg

Things that are important in this photo:
The diagonal, purple shaded area is a downward channel that bitcoin is meeting resistance with currently.
The red line labeled ‘200day ema’
At the far right, 78.60% retracement of last move up

I’m expecting this to complete at the 127% extension level, $9500 as the next move up

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