$2300 is the level to clear

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
It's working hard to move back up through the levels here. I see the $2300 50% Fib from the spike at the top to the bottom at $1850 as the bull/bear pivot . Once over $2300 I'd look for a long back to and above the top of the chart - probably something closer to $3500.

If it's doesn't break the 50% line then I think it will need to revisit the $1850 and possibly double bottom .


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