BTC/USD Uptrend ๐Ÿ“ˆ Bounces at 50% Fib and $5500 ๐Ÿ’ฐ

Dear Traders,

Bitcoin is in a massive bull run and has recently hit the $7770 mark versus the US Dollar (USD).

The uptrend might have seen totally unstopable but a few days ago price did make a substantial retracement back to +/- $5400.

Today’s analysis reviews the BTC/USD instrument and analyses whether more retracement is possible or whether price will continue higher immediately.


Source:: BTC/USD Uptrend ๐Ÿ“ˆ Bounces at 50% Fib and $5500 ๐Ÿ’ฐ

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Elite CurrenSea
About the Author
Elite CurrenSea (ECS), founded by Chris Svorcik & Nenad Kerkez, is an award-winning Forex, CFD & Cryptocurrency trading solution provider. [space height="20"] Nenad & Chris offer market analysis, free education and proprietary trading systems. Their combined trading experience of over 30 years helps them to navigate the markets applying their favourite Wave Analysis Theory (Chris Svorcik) and Camarilla Trading Method (Nenad Kerkez). [space height="20"] You can learn more about the service provider through their website HERE

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