Long

BTC Approaching Possible Buy Zone

The price of Bitcoin is approaching a key Fibonacci retracement zone. Depending on how price reacts at this level (shown as .382 on my chart, but is technically a 78.6% retracement), this might be a signal to buy as price heads back to the upside. BTC has been in a nice uptrend for the past two weeks, with two higher highs and higher one higher low. Would love to see BTC price make another higher low, and lead the charge for other altcoins.

dafunkinbest

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