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Bitcoin Forecast: BTCUSD - A Simple Bitcoin Analysis

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BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
Bitcoin has gained around 35%, entering the year 2020 a significant progress of 25%.
Markets reached highs of $9K on Friday January the 17th 2020, before hitting resistance, which occurs simultaneously with the 200-day moving average price, something which has historically sweltering bullish progress.

But hey! watch for a correction: ( Possibly - 7k, 6k, ) and Bitcoin will head back up.
Be safe. Enjoy trading
Comment: My opinion on Bit remain unchanged.

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