Bitcoin Chart Analysis January 20, 2018
We have initial indications that the bottom is in- as long as the 100 day simple moving average (trending blue line @10,500 ) holds - pressure remains up.
In terms of wave patterns - we have what appears to be a completed C-wave of IV down - either setting up for a 5th wave up or another series of 1-2's.
![spinning-bitcoin.gif](https://images.hive.blog/0x0/https://steemitimages.com/DQmT1mdH4WiFZj1ipvLRqEPJ118ExJuiR91v5QW493up5Fg/spinning-bitcoin.gif)
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