[2016-01-17] Bitcoin Price - How Low Can You Go?

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elyas772 (OP)

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[2016-01-17] Bitcoin Price - How Low Can You Go?

January 17, 2016, 03:20:37 PM

Price has found support at a Fib line originating at the low of 1 June 2015.

Additionally, 4-hour RSI shows a well-defined five wave channel to today’s low. According to Elliott wave principle, the decline should now be complete, but the Bitcoin price chart regularly forms waves consisting of seven subwaves, so there is no reason to call the bottom just yet.

https://www.cryptocoinsnews.com/79765-2/

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Bitcoin Forum > Bitcoin > Bitcoin Discussion > Press > [2016-01-17] Bitcoin Price - How Low Can You Go?

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