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alexfeng

BTCUSD Retrace to .236 fibonacci

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Bitcoin (COINBASE:BTCUSD)  
alexfeng  
COINBASE:BTCUSD   Bitcoin
Trend Analysis Chart Patterns
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trendanalysis chartpattern
I noticed that the pattern from the drop in the past couple days look very similar to the trend on 1/15. I believe we'll fall back to the .236 fibonacci which is around the 6700 level. MACD looks like it's about to roll over, and RSI seems to have a dip too. Thoughts?
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