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liquid-illusions
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Retracement levels for Bitcoin
BTCUSD
, 240Short
BTCUSD: Retracement levels for Bitcoin

Bitcoin will see another 10% decline before finding some good support around $470. This level coincides with support, .382 Fibonanci Retracement and the mid-point of the Bollinger Band. I also have Bids around 443, just in case we have a deeper pullback.

NOT THE BOTTOM YET
BTCUSD
, 240Short
BTCUSD: NOT THE BOTTOM YET

When we had the Mt.Gox drama it took about 18 days before we had a final selloff (with big volume) followed by a reversal. I expect to see something similar play out with this "China Ban" overhang.

PiotrKopec
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giorgior
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McNulty
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