News BTC Bitcoin Analysis January 4, 2018

564 views · Published 3 January 2018 · 1:09 · Indexed 1 November 2026

Channel: NEWSBTC · 2018 · People & Blogs

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Bitcoin rallied a bit during the trading session on Wednesday, but remains within a serious consolidation area. The $16,000 level above is resistance and the top of the range, so I think that if we were to break above there, the market would probably go looking towards the $18,000 handle. Otherwise, expect a short-term pullback from that area. Massive support can still be found at the $13,000 region.

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