Bitcoin BTC update Mon 19 Feb 2018
The close over the black line is positive for continued higher prices.
However, it's been a strong rally and it may be time for a little breather. Looking to retracement levels (red lines) as support areas for dips. These are initial levels and will be revised depending on future price action.
As always, BTC sometimes defies all and disregards any rational analysis. Beware
Looking at these retracement levels at the shorter time period -- 60 minute.
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