Possible fall before the next big rise (part 6)
Bitcoin still continues to move sideways but slowly building a growing trend. (Dec 28, 2017)
Above is the 4H chart with the current price at 13.9K USD.
After the big fall from Dec 22, we had one high at 15.8K and the second attempt at 16.7K. Seems like higher highs are developing with lower points also showing higher price levels each time. See the doodles marked on the chart.
In order to break up and set the new all time high record, Bitcoin first needs to defeat the resistance which is in the 17500 price region.
big rise is expected when the holiday season is over
it will probably take off again in January unless coinbase adds ripple before it does. then, it might really sink before it goes up
I don't think adding ripple to coinbase will have a significant effect on BTC price.
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