#BTCUSD has hit 38% Fibonacci, but still rallying higher

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
The price reached $ 8,438 or 38% Fibo. Possible slight corrective drops. Support at $ 7,506 must withstand the pressure of supply so that the gains are still in play.
Comment: This is developing by the book: one more small sub-wave to the downside needed.


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