FIBOCRYPTOCALL for 4/4/18

XBTUSD (Bitcoin)

The downtrend continues while some bounces can come along the way.

Bitcoin is trading BELOW the 200 DMA @ 7691

The 3/30 low @ 6594 with the 2/6 low @ 5922 has held so far.

A close above our first bounce @ 7793 is needed to buy which is ABOVE the 200 DMA.

Long term oversold signal is back in place at this time.

BITCOIN DAILY CHART