Get started
DejaBrew

Similarity in the previous 2 rallies of BTC/USD using Fibonacci

Short
Bitcoin (BITSTAMP:BTCUSD)  
DejaBrew  
BITSTAMP:BTCUSD   Bitcoin
Trend Analysis Chart Patterns Fibonacci Retracement BTCUSD
9
1
trendanalysis chartpattern fibonacciretracement btcusd
These Fibonacci moves in BTC/USD are almost the same exact length. The first rally pulled back to the .618 retracement perfectly and then began this major rally up to $6000. Now Bitcoin seems like its losing momentum and beginning a downtrend, or it could be another fibonacci retracement to the .50 or .618.

Related Ideas

DejaBrew
Fibonacci Retracement of BTC/USD
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.