FIBOCRYPTOCALL for 3/9/18

XBTUSD (Bitcoin) The long term view

Yesterday we said that “Our bounce zone @ 8854-8161 is our downside target.”

Today, Bitcoin traded inside our bounce zone @ 8854-8161.

A CLOSE above 9148 is needed to think the short term bottom is in place.

Short term bounce levels to know:

9630, short term selling zone @ 10019-10410 with the 20 DMA @ 10186.

No long term signal here at this time.

BITCOIN DAILY CHART