BTC/USD update

in #cryptocurrency7 years ago

Bitcoin is in correction and its daily volatility implies targets below $5k

https://www.mql5.com/en/charts/7804085/btcusd-d1-simplefx-ltd

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Thanks for your commitment to the community.

Based on Fibo 0.618 can we expect price retracemet to 3k~3.5K in coming weeks?

Anything is possible, but I don't see any technical data to confirm this view.

If it bounced off one of those targets would you consider that a double bottom, or only if it bounced off 5k? With the next fork coming up, i think we may see a similar thing where ppl jump to btc & inflate its price to get another free coin (B2x). we'll see! thanks

Prices around $5K - that's as far as my technicals allow to see. Anything beyond that is pure speculation. at this point in time.

right gotcha, i was referring to your 4861 & 4686 target for dub bottom, i think u might of thought i was referring to sedigs post. thanks tho!

Seems it's going in the opposite direction... any updates?

4H timeframe shows that BTC may print even a new all-time high. However it looks to me like it is rolling over.

https://www.mql5.com/en/charts/7811935/btcusd-h4-simplefx-ltd

PS. Struggle to post as a new post.

It's quite understandable Srezz. Appreciate your effort..

Thank you srezz

Any updates @srezz ?

Hello Srezz , Heard about you on Twitter about your Crypto Insights here following you. What are you views on new ICO Toke Vezt
Please do check out my Post I made on it

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