Post
Topic
Board Speculation
Re: Same Scenario like end of 2013? ( bitcoin crash )
by
Bitlend
on 22/12/2017, 08:30:35 UTC
Look at the good part, this is a good moment to buy, because it didn't end in 2013, it was only the beginning. I doubt there will be such a crash though as Bitcoin is too popular right now.

From a charting perspective..

Broke the CHART money trendline
Did try get back to trendline once but was rejected
true support level is 12,921.98
broke support and bounce rallied off 12874 low (broke support level in doing so)
Next down support level 10,334 at 61.8% THE Fibonacci retracement level
Next resistance level is 14,153

10,334 is the strong buy level
Up to 12,991 hold
Above 14,153 hold/sell