BTC/USD Support and Resistance. 2 most probable scenarios 2017.

By OlegLopatin
Updated
There are two support levels to watch and hope for. If we break Support Zone 1 in the next couple hours, the price will go down to Support Zone 2 and most likely bounce back to resistance level ~17K.
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Fibonacci retracement levels reveal support line at 13300 (Coinbase). We can either bounce off it or go to the next support which is 12700 and 11700.
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BTC/USD Fibonacci Retracement levels.
bitcoincorrectionBTCBTCUSDChart PatternscoinbaseTrend Analysis
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