BTC/USD - Back Testing a Fib Level - Will it hold?

By Crypto_Sid
My update this evening on BTC. As mentioned in my linked post below, i mentioned price action would likely pull back to test this fib level and at present we are sitting pretty much right on it. I'm actually expecting price action to break a little lower. Possibly th $8200-$8400 area before we start to see price move up a bit.

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