BTC Price Action 1/17/2018
8 am Pacific time: watching 1 hour chart and the 1 hour 7/16/2017 dump...for a W bottom in a couple hours then rise above $10.4k to signal confirmed reversal. we'll see if the mid july fractal plays out today.
1030 pm Pacific time (update):
it appears we had an inverse head and shoulders bottom and price has risen, forming what looks to be a right shoulder consolidation. barring any bad news, i'd expect a continued rise in price to the 0.78% fib level ($13k) area tomorrow.
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