BTC/USD Daily time frame chart Analysis

Market news

11 January 2018

BTC/USD Daily time frame chart Analysis

On daily time frame chart, we can see that the price has been falling for several days.

However, the price has been respecting pretty well the Fibonacci levels (50% and 61.8%).

The price is now moving close to these levels which can be a good opportunity to long entries.

European stocks closed: FTSE 100 +14.43 7762.94 +0.19% DAX -78.44 13202.90 -0.59% CAC 40 -16.13 5488.55 -0.29%

German 10-year govt bond yield now highest in over five months at 0.52 pct, extending earlier rise

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