Bitcoin Update 23/2/18

As expected we pulled back through the 10000 level and have bounced off the .38 Fib level.

I am not expecting a drop to 9000 nor am I expecting a whole lot of strength over the weekend. Of course I could be wrong but we do have a major resistance level to get through and that will take some buying power. Withj the weekend generally being a quieter time, don' expect a whole lot of upside.

The chart is looking strong and I am still bullish but we need to retest and strengthen the 10000 level before we can push higher with confidence.

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