BillCharison

#BITCOIN - Prediction for the Future is FLAT

COINBASE:BTCUSD   Bitcoin
We expect to see flat movements on Bitcoin in the near future. Why? $12000 turned out to be a too strong level for bulls to break out, from this point we got a massive dump to the $10500 support.

What do we have now? Bulls are protecting the mentioned support level but don't have enough powers to go upwards and break through the $12k point. So, more likely we will see a consolidation between the support and resistance.

Altcoins are doing better now, it already feels. Many bullish patterns over there.

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