Chart of The Week $BTCUSD 11-06-2016

On the Bitcoin weekly chart we can see rejection from 61.8% Fibonacci retrace of the last swing from 1100 to 146.40. Only in a case of a clear break of 736 level we could see an upside extension. Below 700 support zone is 510-550.

Happy trading! (click on the chart to enlarge it)

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