Bitcoin seems to break the downtrend. A new uptrend line (marked in blue) may be forming. Target is 19/20k.
The situation right now seems similar to when we faced 6k and 7.5k resistance. Bitcoin is touching 8k at the moment but is not confortably crossing the line. It's losing momentum and trend seems to be declining a bit. I therefore think bitcoin will drop back to find support at 7500 in the next week. It seems likely support lines will push bitcoin back up and give...
The history of bitcoin gives a lot of information about what might happen in the future. Certain events trigger price movements and by analyzing them we might be better prepared judging events and news in the future. 2017 has been a great year for bitcoin and we've seen bitcoin reach great heights, but at the same time there has been lots of uncertainty. This...