Cris_Crypto

Good old Fibonacci

Short
BITSTAMP:BTCUSD   Bitcoin
Let's keep analysis simple. No fancy indicators or theories, just good old fib retracements and market structure.

The bulls are tired, and have put in a long and hard months work. We have 3 levels to eye, the .786, .618 and the 20k mark. We know BTC corrections can vary from 15% dips to 50% craters, so let's set our buys dynamically proportional to the risk to reward profile of buying btc. Increasing the order size as the targets are met.

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