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BTC/USD - Need correction

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BITSTAMP:BTCUSD   Bitcoin
Bitcoin tends to retest the 658x before rising further, we see a 61.8% correction zone for the H1 framefibonacci retracement at $ 6903.76 at the Bitstamp trading floor. Then BTC tends to continue to fall on the $ 5795.19 price target.

It should be noted that the BTC price may soar up from FR 61.8% as it created a double bottom zone at 6100 => The trend to create two peaks at $ 7093 or create two peaks at $ 7300. However, we found that the color appears quite low, and only added to the discount of the BTC only.

On trading strategy, today is Saturday and traders tend to close the session to wait for the next week. So protect your profits after good days!

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Update BTC - M30, confirmed PO


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