JTMuncaster

Bit Coin new highs potential level for a pull back

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
Using Fibonacci extension of 1.61 from the pull back after the last high. You can see that Fibonacci works well for bitcoin as I have the retracement on there to predict an accurate reversal point. The Elliot Wave theory also seems to show that there is more to come from the current impulse wave.
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