In my last update, I told you if bitcoin broke above $11,500, we would likely see it test at least $13,500 (0.618 fib level). Price spiked as high as $13,850 before finding major resistance. It’s now put in a 25% correction, dropping as low as $10,400 before finding support. It’s currently trading around $11,850 on Coinbase.
We’re seeing a major influx of volume. A daily volume high of just over $45 billion was set 2 days ago. Today’s volume is an impressive $40 billion.
In today’s video I answer many of your direct questions. We’ll also discuss where bitcoin may be heading next, key areas to watch, traps to avoid and so much more. I hope you find it helpful.
If you don’t see the above video, navigate to TIMM (https://mentormarket.io/workin/) or Steemit in order to watch.
I hope this has been helpful. I’d be happy to answer any questions in the comment section below. Until next time, wishing you safe and profitable trading.
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Feature Image By: Saul Gravy