Bit coin Technical Analysis on 15 January, 2018
#Bitcoin price trades steadily above $ 12,600. In the near future, BTC/USD may rise above $ 14,500 and overcome $ 15,000 in the short term.
A week ago, the cost of bitcoin was marginally bearish, as it moved beneath $ 14,000. The cost exchanged lower and progressed to a level of $ 12,200. The most minimal level was framed at $12,670, and than the value began to climb. Bitcoin exchanges above $ 13,000 and a 23.6% Fib from $ 17,112 to $ 12,670.+
Amid the development, there was a break over the principle bearish pattern line with protection at $ 13,800 on the 4-hour graph of BTC/USD. The match moved over the level of $13,900. By and by, the upside move has secured by a level of $ 14,000 and 100 basic moving normal. What's more, 38.2% Fib retracement level of the last decrease from $ 17,112 to $ 12,670 low went about as a protection moreover. It appears that the cost need to surpass $ 14,500 and 100 SMA to pick up development force.
When a break over the level of $ 14 500, there is a plausibility that it will break the level of $ 15,000 USD for the time being. The cost is steady over the level of $ 12 500 with starting help diminishing by $ 13,200.
Specialized markers:
4-hour MACD hints at a few positive pattern change.
4-hour RSI battles to move above level 50.
The primary level of help is $ 12,500.
The primary protection level is $14 500.
i think btc is not important anymore for making money if you are an individual small wish. in few years many new platforms like steemit will come up. everyone will play something for fun and the money. btc can be used only for converting the money in the end. badoo, tinder can simple creates badoo coin, tinder coin.