free forever qr code generator Bitcoin Price Update - Retraced 60% Of The Last Move To The Upside

Bitcoin closed 7% to the downside today. Here is the daily chart:

See my work over at Steemit: https://steemit.com/@freeforever

Comment: We formed a neutral or slightly negative candlestick for the day, but we managed to close above the bollinger band median.

In addition to this we also have a supporting trendline that we need to hold in order to charge higher to the upside from here.

Overall, we retraced about 60% of this latest move to the upside. We went from 12K to 17k and then back to 14k earlier today. That is not an uncommon move, but a little bit further down than what I expected.

Anyways, that is the latest on Bitcoin, and remember that it is the closing price that matters, it could be volatile during the day, but watch closely where we will close the day.

Happy trading!

free forever qr code generator Bitcoin Price Update - Retraced 60% Of The Last Move To The Upside
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Science & Technology	Upload TimePublished on 8 Jan 2018

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