Daimonik

Fibonacci Bitcoin gains after the $10.000 breakout

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
Using the fibonacci tool you can measure the gains after the explosion and how the market finds a level to bounce off.
You can see that Bitcoin tends to bounce of the 0.6 level, so that is something to look at when we have the 10 k break though, I'll be looking to take profits at 15k and possibly buy at lower levels

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