cole7reasons
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BItcoin, potential buy at .618 fibonacci level (Golden Ratio)

BITSTAMP:BTCUSD   比特幣 / 美元
Hello fellow traders,
I have been analyzing BTC/USD and noticed there is strong support at the .618 fibonacci level on the daily chart . If we look back in December, the bullish impulse leg began on December 13th. With that said, Bitcoin's correction may be over and it could bounce from the .618 level and create a new all time high by the end of the month. I firmly believe that Bitcoin             still has plenty of room to grow. As I write this, the cryptocurrency market cap is at approximately 570 billion dollars. To put things into perspective, Apple             has a market cap of 916 billion dollars. Bitcoin             and altcoins will continue to grow, it's just a matter of time.

Happy Trading,
Cole
Hi cole, so you think BTC has changed direction and is not going down to 8-9k bottom??
Thanks let me know
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