BTC/USD (Found Support?)

Dec 13, 2020

💎Technical Analysis Summary💎



BITSTAMP: BTCUSD

-Bitcoin did a good job finding support at 0.618 Fib level
-It is now trading above the 0.5 Fib of a potential new bigger box
-If BTC can maintain within this bullish zone in the next few weeks
-The probabilities of another move higher will increase
-For now, the Bulls are still alive in the short term
-No major red flag yet, we will wait for further development



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