Bitcoin

#BITCOIN - Prediction for the Future is FLAT

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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.

Penafian

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