OrangeChrome

Mid December 17 Bitcoin Correction Target

COINBASE:BTCUSD   Bitcoin
We've seen ~35% dips pretty regularly during this bull run. A 35% dip brings us to intraday support and the .618 fib.

Target = $12,825

If this doesn't hold up we might be looking at the 4hr 200ema ~ $10k


Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.