BTCUSD pricecs for 9/20

in #bitcoin7 years ago

Here is quick update for Bitcoin (BTCUSD)

Price is building at the current $3,850 - $4,100 area. This chart below is a 4-hr chart, I know its busy I still have the daily retracements on the chart. I wanted to show that price has hit but not violated the 38.2 retracement from the low on 9/17 ($3,463) so we still have upward momentum. Should it break the 38.2 level of $3,874 we will reevaluate.

If you would like to go long this is good entry point with stop at around $3,815.

We are still looking for it to test the high on 9/2 ($4,979) with a min upside to $4,215.

questions let me know.

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