We are still in a Bear Market but we do have a nice bounce back to $12K in the next week ahead of us!
Currently, riding Wave 1 hopefully to $10K mark as long as we don't get more FUD'ing News,
Wave 2 coming soon be prepared for a slight dip down to the low $9000's
STAY LONG & STRONG FOLKS!
CME Jan 26, 2018, Contracts expired a few hours back which barely affected Bitcoins price. It did have a small dip to $10,400 but the Bulls pushed it back up with a very strong Support at that level.
Looks like Bitcoin Hodl'r wins this battle for now. The Bulls are currently on top lets see it ride to the next wave!
After looking at some other point of views I have adjusted my take on how high Bitcoin could possibly go from 17K to 15K as there is a Trendline that supports this new Prediction.
I still see it head down to 8K within the next few weeks!
WE FINALLY BROKE THREW THE 12K RESISTANCE LINE, this will be our new SUPPORT LINE. I see it either touch 12K once again or come very close to it.
Now that we broke threw it,
This is my long 10 day prediction which is a long shot without enough data to support it.
My Thoughts Bitcoin will hit 16K or 17K then we will start trending downwards to the 8K spot....
Bitcoin had a Serious Rocket to the Moon as we all know since 2016 to the end of 2017. It has NEVER retraced back to the $8,000USD Mark since it's My Guess is it's highly likely that will happen any day now!