blockchaingetheworld

Daily 15m, 1h, 4h cloud analysis

Short
BITFINEX:BTCUSD   Bitcoin
Well, not much to say today. BTC dropped through the floor again, and it's bashing its head onthe 9260-9280 floor. Four touches so far on the 15, and I think it eventually breaks through and falls to the Daily cloud which also happens to be right around the 0.236 fib from the original jesus candle that started this whole move up from the bottom. Blue box is target area for this move.

Once it retests 9000-9200, I think we get a good bounce and head back up to 10k.

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