FIBOCRYPTOCALL for 2/7/18

XBTUSD (Bitcoin)

“Bitcoin has been trending lower since the 12/18/17 high @ 19511.

Bitcoin tested the 200 DMA on 2/6 and bounced.

Up so far today, BUT our first bounce level @ 9129 and MUST clear of the rollover will continue

200 DMA @ 6317 below with the 20 DMA @ 10645 and 50 DMA @ 13216

We said yesterday “The 200 DMA @ 6277 was TESTED today and is attempting to bounce

SOME with the 11/13/17 low @ 5605 below.”

A long term oversold signal is in place.

BITCOIN daily chart