0.786 Fibonnaci

With references for the Fibonnaci retracement on the low of the China crackdown news of 14-09-2017 and on the historic high of bitcoin, we can see that BTCUSD touched the retracement level of 78.6% as well as a very strong support trend line.

Let's wait for a second test to this support trendline to bet on a bull market.

BTCUSDTrend Analysis

Disclaimer