Bitcoin has been consolidating the past few days after its massive move towards the end of 2017. The move down from 19K to 14K is to shake out all the weak hands before starting its next leg up as I see it.
This simple chart with the very basic indicators shows that it is very close to make a big move. If it breaks up, we will see new highs.
The positive divergence in the RSI and slow stochastic supports the possibility of the move up.
