← Back to News

Cryptocurrency

FIBOCRYPTOCALL for 1/26/18

XBTUSD (Bitcoin) Bitcoin has trended lower since the 12/18/17 high @ 19511. The falling 20 DMA @ 12988 with the rising 50 DMA @ 13186 A close above the 50 DMA and 20 DMA is needed to get short term traders long again. Bitcoin looks poised to take another leg LOWER so watch these levels […]

By Market Rebellion · January 26, 2018

XBTUSD (Bitcoin)

Bitcoin has trended lower since the 12/18/17 high @ 19511.

The falling 20 DMA @ 12988 with the rising 50 DMA @ 13186

A close above the 50 DMA and 20 DMA is needed to get short term traders long again.

Bitcoin looks poised to take another leg LOWER so watch these levels below.

The 100 DMA @ 9269 with our next support @ 8886.82 (.764 level) below.

The 11/24 gap @ 8249.34 with the 11/13/17 low @ 5605 and the 200 DMA @ 5963