Bitcoin Price Technical Analysis for 03/15/2018 – Longer-Term Downside Targets
Bitcoin Price Key HighlightsBitcoin price continues to exhibit downside momentum as it tests the 38.2% Fibonacci extension level on the daily time frame.
Recall that price broke below a double top pattern to indicate that bearish pressure is picking up.
The Fib extension tool shows the next potential downside targets if this behavior keeps up.Bitcoin price appears to be aiming for the next support levels on the daily time frame as shown by the Fibonacci extension tool.
Technical Indicators Signa
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