Bitcoin Price Analysis (12 January 2018)

in #bitcoin • 7 years ago

Bitcoin Price Analysis

Bitcoin current price: $12,800 as of 12 January 2018, 12.30am (UTC time)

Bitcoin target price 1: $16,000 by 18 January 2018

Bitcoin target price 2: $19,500 by 27 January 2018

Rationale

Technical Analysis: Bullish pennant, as shown on figure.

BTC analysis 20180112.PNG

Action: either buy the low dip (now) or wait until resistance breakout at $16,00 for btc run up to $19,500.

comments.jpg

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#btc #crypto #technical #analysis
7 years ago in #bitcoin by
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