BTC Daily #1 of 2

26 ביולי 2013

This Retracement (High $266, Low $50.01) Shows us Bitcoin is attempting to gain support of 0.382 $94.694. I would like to see 2-3 candles clear above this level before correcting back down to test for support. The Blue line at $83.78 is the 0.764 fib of the 1.99 bottom to 266 top (found in the weekly chart).