DejaBrew
Short

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

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
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.

Comments

Volume suggests every one left ages ago. Waiting for a new entry position. could it be as low as 2040 as some onlooker suggested? That would sure see a surge of new money.... Stay sharp. Good luck!
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