laegtcl

BTC/USD, Daily, Bitstamp

Long
BITSTAMP:BTCUSD   Bitcoin
As we can see, the principal cryptocurrency is trying to breake the 78.6% of the Fibo Retracement, it has been rising an 50% in this bounce, we could expect another 50%~60% until the BTC reach the Down Tendence Line

On short term, the next barrier will be at 68.1% ~~ $11k...just where is the EMA 100..

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