Bitcoin - Here's the zone I expect us to reside in for the next few weeks.
#bitcoin #btcusd #crypto #cryptocurrency #usdollar #dollarindex #vix #fearindex #thefed #altcoins
Traders,
The week has ended and Bitcoin has thrown us a bit of a curveball. But should we have expected this drop? And is it a healthy sign. I am of the persuasion that it is! I feel that as long as the Bitcoin price remains above the 50/100 day moving average intersection (which coincides with a .618 Fibonacci retracement level), Bitcoin remains bullish and I, myself, will become even more of a bull than I currently am! Let's review the chart data together.
Stew
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