Tokens24.com is your single stop for crypto

Bitcoin Daily Price Analysis (11th January, 2019)

Analysis

We warned that Bitcoin could decline, and it duly did. But don’t fall in love with the bears just yet, because we see it as part of the final leg “c” of a three-wave a-b-c correction in wave B/2. That said, be aware of a potential bounce, ideally around 61,8% Fibonacci retracement and 3500-3300 support area. As long as price keeps trading above 3120 invalidation area, BTCUSD may turn back to bullish mode into a wave C/3.

Bitcoin Daily Price Analysis (11th January, 2019)
Provided by:

Leave a Reply

Please Login to comment

Newsletter

Community

Tags