BTC selloff after failure to break .618 Fib retrace level

١٥ فبراير ٢٠٢٠

BTC saw a decently sized selloff this morning after trading sideways under the .618 Fib retracement level (around $10,500), bringing the rest of the market down with it. However, the .5 level (around $9,780) is still serving as strong support so this dip looks like a good buying opportunity as RSI levels get tamed a bit from the selloff.