Daily Crypto Analysis 1/21/2018 - (BTC)

in #bitcoin • 7 years ago

Here's my updated chart on BTC. BTC is in for another leg down. Price hit a low of $9.2k and bounced up to $13k. The market still wants to correct lower and, based on my fibonacci retracement, prices are headed toward the 8,000s range to $8.5k which is 61.8% retracement from BTC's prior bull run.

As you always should do with technical analysis, you should always readjust your chart if the price does not follow your projected path. More updates to come.

https://www.tradingview.com/x/3pf6r1xG/

#blog #cryptocurrency #money #blockchain
7 years ago in #bitcoin by
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