Technical Analysis Bitcoin (BTC) 01/15/2018

in #bitcoin7 years ago (edited)

Bitcoin still holding its horizontal support at $12555 on daily chart. If it doesn't break that support, we might see it moving towards its slanting resistance line (i.e around $16000).

btc.jpg

Good Luck !!

Reference Pages :
https://www.investopedia.com/terms/s/support.asp
https://www.investopedia.com/terms/t/trendline.asp

Disclaimer :
This post is my personal opinion and is provided for informational purposes only. Don't consider buying or selling any crypto currency without conducting your own due diligence.

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Yeah bitcoin has been a bit of a disappointment here but I know as soon as Lighting is pushed out its going to freakin explode. When and if that ever happens