TiborVrbovsky

Bitcoin has posted a Bullish engulfing.

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BITSTAMP:BTCUSD   比特幣
Hello, this is just a short analysis.

Bitcoin has started positive on the day and posted a Bullish engulfing yesterday, heading towards a positive week. I expect a correction to the upside to happen.

Target is at 20 EMA, currently at $24800.

Bitcoin has also found Fibonacci support at 0.786, 78,6% retracement at $17600 from $69000 to $3850.

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