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FiboSwanny

Almost a given to see a full retracement in $BTC

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Bitcoin (BITFINEX:BTCUSD)  
FiboSwanny  
BITFINEX:BTCUSD   Bitcoin
Trend Analysis Chart Patterns Technical Indicators retracement Bearish Patterns
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trendanalysis chartpattern indicator retracement bearish
On the near-term daily chart the price has pushed below the 61.8% level of the previous high and low.

A full retracement back to the previous low has a high likelihood of happening.

Will re-evaluate once the 100% level is tested to see if it is time to buy. Probably not as trend momentum still has strength for the bears.

Thoughts?
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