Bitcoin USD Retracement and Continuation
Using a fib, Bitcoin retraced on the 38.2, touched that area twice and price respected the 23.6 level as well. Looks like a bullish trend downward to the previous low of $6,000 area before possibly touching $11,000 range again.
Note
Meant to say bearish trend downward
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.