Bitcoin is having a great run with the Bulls again after breaking resistance at $15375. It run all the way to $17192 on Bitstamp, which is great. It was moving sideway from Christmas to New Year, but looks like the bulls are back from holiday.
Bitcoin run to $17192 and then pulled back to $16415. It is currently at $16753.
Here is the technical analysis from The Chart Guys on Bitcoin, Ethereum, Litecoin and Tronix:
Next stop +$23000?
2 other technical analysist I follow is talking about a price between $23500 and $24500. I found this very interesting. How can 2 guys independently predict this next target. Is this the next big move for Bitcoin? See the 2 videos below.
Tone Vays case for $24500 Bitcoin:
Haejin Lee case for $23500 bitcoin price:
Please comment below with your thoughts on the Bitcoin price. Is the next big move $23500?
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I think somewhere this year we will get a HUGE bull market driven by really big entities like nation states or central banks. When an armsrace between these entities happens we will seen an astronomical rise. But short term I think 23.500 is realistic.
I Agree DA BULLS ARE BACK IN TOWN!!!
$25000 is not very far , i tell you that! ;)
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@davidding @colinbrazendale
BTC/USD is definitely on bullish trend but its still too early to say $23000 as we can see some resistance to cross 20k mark, if btc success to cross it then definitely as analysis are showing 23 to 29 is in good reach. Nice analysis
I Agree!
Very interesting! I think BTC's price should hit $20k and maybe push to $21k
I cant wait to see LTC break $23,000 too.hehehe.
Same Here!
Guy's bitcoin will go down, don't trust the "so called experts in crypto growing" you never know what could happen it might go down to 1k..
I have this thinking in many other places as well that we could test highs into the 20 thousands. That would be sick, it would be a real statement made to the countless nay sayers that have come out of the woodwork since its' recent explosion. Nice article, I found it on steemfollower, I like to return vote people that vote me on here as well so don't be afraid to check my posts, I write on a lot of other similar topics and would greatly welcome the conversation you could bring. UPVOTE
Awesome thanks for sharing!! I think will stabilise this year!
I like BTC