Bitcoin Market Outlook

7 thg 1, 2018

hello traders well bitcoin finally had a week with some sign of the bulls returning from christmas and new years holidays. we just tested a previous resistance at the 17000 mark. We will probably see a shallow pullback but i don't expect it to go lower than 15500-16000. remember these pullbacks are essential to the long term health and growth of this market. for the coming weeks ill be paying attention solely to the volume that is coming into bitcoin. Hopefully we can start getting new institutional money pumped into the market as the new calendar year has gotten into full swing. if that plays out we should see bitcoin get back to 20000 and probably to the 25000 psychological resistance. All in all everything is looking juicy and appears to be getting primed for historic run. 2018 should be an epic year for bitcoin and crypto in general. ill be touching base here and there. till then good luck to all.