Bitcoin dropping strongly, approaching major support!

23 thg 2, 2018

Bitcoin is dropping really strongly and is approaching major support at 9109 (Multiple Fibonacci retracement, horizontal overlap support, Fibonacci extension) and a strong bounce could occur at this level to push price up to at least 11772 resistance (Fibonacci extension, horizontal swing high resistance).

Stochastic (34,5,3) is seeing major support at 7.2% and a corresponding bounce could occur at this level.

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