Bitcoin Price and Lessons From Japan

Bitcoin Price and Lessons From Japan

The Asian morning session has pulled the Bitcoin price below the weekly pivot level at $476. The question is what the European and US trading sessions will do with today's chart. If the market wants to take a stab at the $412 target, then today presents that opportunity. With each downtick, the conditions increasingly favor a price-rocket ignition spark. Update 17 Sept 13h15 UTC. Just to correct the BTC-e chart from the last update below. I had drawn the Fib Extension tool to show a target at $455 - which was a reaction level - but more correctly the wave target was at $452 as shown in....

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