[2016-06-21] Bitcoin Price Technical Analysis – Watch These Correction Levels

[sirohige]

Bitcoin Price Key Highlights

    Bitcoin appears to have hit a ceiling at the $775 mark, making a break below a short-term consolidation pattern and moving towards the nearby support.
    Price is now trading below the $700 mark and could head further south until $650, which is close to the 38.2% Fibonacci retracement level and a former resistance.
    A bounce off this correction area could allow bitcoin price to resume its climb to the recent highs and beyond.
http://www.newsbtc.com/2016/06/21/bitcoin-price-technical-analysis-06212016-watch-correction-levels/

[1715066789]

1715066789

[1715066789]

1715066789

[Ethey]

in a closer look on this report iam not considering the same as the Bitcoin will stable at a Point of 450~$. The Average and the willings are way to high. Also there is only an Monday after where less people want to buy the btc and in this case everything will grow up and fix until the halving coming in with another price increase over 750~min. and beyond.

regards