BitcoinLong
BTC loves the 0.786 retracement level...
In my chart I have drawn all the major impulse and correction cycles:
1. Starting July 7 2017 to 20k -> Retraced to 0.786 Fib ($6000)
2. Starting at $6000 to 11.5k -> Retraced to 0.786 Fib ($7200)
3. Starting at $7200 to $9150 -> Retrace to 0.786 Fib = $7700 ??
1. Starting July 7 2017 to 20k -> Retraced to 0.786 Fib ($6000)
2. Starting at $6000 to 11.5k -> Retraced to 0.786 Fib ($7200)
3. Starting at $7200 to $9150 -> Retrace to 0.786 Fib = $7700 ??
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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.