Short term targets based on Fibonacci levels. If we fail to hold ~$3,100 (Target A) next will be ~$2,500 (Target B).
Another possible target would be the Fib level 1.272, only time will tell!
Good, great and awesome buying levels! If a stock fails to go up, the fear of losing kicks in and you have a sell-off; hard to understand the ones who will sell at the bottom of a big red, but hey I'll buy it!
If my calculations are right, BTC's first drop from it's all time high was around $13,700 and on the RSI we were 50 points above the over sold area, for a total of 74 points. I divided 13,770 by 74 which gave me approximately $186 per point, I then times that by 50 for a total of $9,300. I then subtracted for a total of around $4,400 So, in short; I will buy your...
