Bitcoin Price Technical Analysis for 02/20/2018 – Watch Out for this Ceiling!
Bitcoin Price Key HighlightsBitcoin price is still rallying and has broken one resistance level after another.
Zooming out to the daily time frame reveals that price is closing in on a major area of interest.
Applying the Fibonacci retracement tool on the daily swing high and low shows that this potential ceiling lines up with the 61.8% level as well.Bitcoin price could pause from its climb once it tests the next area of interest visible on the daily chart.
Technical Indicators Signals
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