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RE: Bitcoin--The big retest of 3,000 USD coming?

in #bitcoin7 years ago

Cool man! I really like the analysis. I do my own BTC price forecasting and use Fibonacci Retracement make my predictions. Check me out here plz https://steemit.com/bitcoin/@hotsauceislethal/bitcoin-price-forecast-7-21-17 I just wrote a new one a few hrs ago

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Yes the fib extensions will be key to analyzing / predicting BTC price action once it does clear the $3,000 mark as there's no history above that point. I saw someone had done some predictions about ethereum retracement from the move up to $400 using fib levels and he nailed his short trade (if he entered and exited when he said he was going to). Glad you enjoyed the analysis! I like doing stuff like this in my spare time. I'll check out your thoughts as well.