Post
Topic
Board Speculation
Re: bitcoin price analysis
by
iqlimasyadiqa
on 07/06/2017, 13:07:09 UTC
Bitcoin surged above the prior high without any real issue, touched $2900 and pulled back to the break-out level from around the first Fibonacci-extension at $2925. BTC is still on a buy signal with the short-term trend still being intact. The Fibonacci based targets for the current move are $3050 and $3260, with the prior swing ...
the possibility to increase the price is still great. We can see the bitcoin market is experiencing a positive impact, so do not worry about the price drop. Bitcoin markets always show a significant rise, declining just a few moments and do not be a panic sell. Wait for the price to rise, we all believe it will happen.