BitcoinShort
Bitcoin correction
Bitcoin has reached the critical 0.702 fib retracement level. This is a key level that we could see Bitcoin make its final leg in its correction down to the the range of $37000 - $32000 price level before taking off to $75000 -$78000 price range. This correction will obvious affect the entire alt-coin market and cause a dip, but if history repeats itself after the correction it would lead to a most anticipated alt season. This is a big buying opportunity if the correction takes place for a few alt-coins, lets see how price reacts at this level as this is just a possibility, but it can be a good one for buying a good dip for bitcoin but most importantly for alt-coins.
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.