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Title: Bitcoin analysis Post by: ICEXch on December 20, 2017, 01:18:53 PM Bitcoin enters correction. What's next?
Bitcoin did not take $ 20,000 on the move. It looks like significant funds are transferred from Bitcoin to Bitcoin Cash (BCHUSD) and Bitcoin Gold (BTGUSD) One way or another, the correction began. Now the question is, what's next? First support levels: $ 15,500 and $ 13,000. It is unlikely that it will immediately fall to $ 8000- $ 10,000 / Most likely there will be a short strait to activate stops under $ 13000 and then a re-storm to $ 18000- $ 20,000 And only in case of its failure, there will be a mid-term correction to the area of 8000-10000 If the repeated trip to 20,000 is successful, then the first target is higher - $ 25,000 You can check out the graph for this technical analysis on https://www.facebook.com/ICEX.CH/ #icex #bitcoin #cryptocurrencies #investment #exchange #news #Analysis |