As mentioned in my previous blog, Bitcoin should hit $8600, but it was rejected around $8400.
Bitcoin is currently trading at $8150
- The supply / demand ratio decreased from 10800 to 9500, but altcoins went up this time bringing the total market cap at 218 billion.
- CME starts with options trading this monday the 13th
- Bitcoin halving is coming in May
We currently broke the falling wedge, so probably the around januari 28th Bitcoin will hit $10600 if it follows the previous patterns.