Bitcoin looks like it has one more dip before a run.
Weekly is still . I anticipate one more week or so of range.
Otherwise the Daily Candles are .
was large at Midnight Today, but has been steadily decreasing which is . The SEC CFTC talks did little for what was already happening in price.
Fibonacci levels line up with approaching levels. Fibonacci indicator helped me accurately predict the zone we are in now as a place of support. We could see a further dip to the $6750 area before onward and upward.
is not an exact mathematical indicator and is open to your interpretation. However using it in this setting one can see where the Resistance and Support are incoming.
Taking a long term View, my forecast is a return to December levels in April or May. That is a 5-6 month recovery. Positive healthy signs for a valuable asset.