As you can see the price of BTC is in a strong condensing phase. Based on 2018 price action, I don't expect huge change in the next 30-45 days. Price is between the downward trend tunnel and the upward trend tunnel. Until more proof arises of which direction the price action will take, I think its best to stick to a conservative approach utilizing the recently historical range of $8,000 to $12,500. It continues to hold true as an opportunity to make some money right now. I've listed some targets that I am personally using and have made some profit from in the past 40 days. My analysis is informational and I am by no means claiming to be a financial advisor. Just calling it how i see it. Good luck!
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.