BTCUSD at the cross road

٢٠ ديسمبر ٢٠١٧

After diving through the lower support zone of the trend channel at around 17.000 tonight, BTCUSD is now oscillating along a 0,78 fib retracement support zone at 16.400. Short term traders may want to stay out of long engagements now & wait for the dust to settle.