Bitcoin is still treading sideways and might need a deeper correction to draw more buying pressure. Price is finding support at the 38.2% Fibonacci retracement but might still dip to the 61.8% level. This Fib lines up with the former resistance around $8,200 which might hold as support when tested. The 100 SMA is above […]The post Bitcoin Price Analysis: BTC/USD Buyers Waiting at $8,200? appeared first on BitcoinerX.
