Waleed.Yakout

BTC to the Moon or to (Fibo 127%) 5168

Waleed.Yakout Updated   
BITSTAMP:BTCUSD   Bitcoin
BTC Now in a crossroads:
1- Success to penetrate Level 7150 (Fibo 50%) and go to the Moon
2-the Level 7150 (Fibo 50%) Hold and resum the Down trend to Level 5168 (Fibo 127%)
Trade active:
BTC Break the $5800, BTC go to $5200 then retraced to $5650,
Then continue the new down trend reached to $4050
BTC retraced to $4600 (Fibo 61%)
Expected to continue the Down trend toward to $3050 (Fibo 161%)
The question is the BTC will Penetrate the 3050 ?! or reverse and start a new Up-Trend?!
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