Bitcoin Price Analysis (12 January 2018)

in bitcoin •  7 years ago 

Bitcoin Price Analysis

Bitcoin current price: $12,800 as of 12 January 2018, 12.30am (UTC time)

Bitcoin target price 1: $16,000 by 18 January 2018

Bitcoin target price 2: $19,500 by 27 January 2018

Rationale

Technical Analysis: Bullish pennant, as shown on figure.

BTC analysis 20180112.PNG

Action: either buy the low dip (now) or wait until resistance breakout at $16,00 for btc run up to $19,500.

comments.jpg

Please leave your comments below. Thanks.

bitcoin btc crypto technical analysis
7 years ago by

Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

  • Disagreement on rewards
  • Fraud or plagiarism
  • Hate speech or trolling
  • Miscategorized content or spam

Submit
$0.00
    2 votes
    0
    Authors get paid when people like you upvote their post.
    If you enjoyed what you read here, create your account today and start earning FREE STEEM!