BTC to retrace to 8500 level before breaking out to the upside?
We might be seeing BTC to retrace to 0.618 fib level @ ~$8500, before breaking out to the upside of about 1.21 fib extension level @ $10,300.
This actually coincide with the BTC1! Futures gap at about 8700-9400 level.
This actually coincide with the BTC1! Futures gap at about 8700-9400 level.