Sorry guys for the delay in my Bitcoin daily analysis,i have been working on personal investment project.
As we can see for today 12 Feb 2018,
Inverse neck and shoulders pattern finished on the 4-hour Bitcoin chart. There is a big potential to breakout of this channel which is more than 8950.
My current State is bullish
Legendary Bitcoin Trader “masterluc” Predicts $15,000 Bitcoin This Year - http://bit.ly/2EyWg53
Things are becoming more and more bullish! Also big corps. heavily invested in BTC and other cryptos
I do agree, also see the huge drop in Stocks market and people are selling off their stocks to get into crypto.
The buying volume of bitcoin on different exchanges confirm this.
Good post man! follow and upvote for you :)
Your most welcome,
Have a good day. Thanks.
I really think we hit the bottom of this 40 day correction. We are now bullish and in a green zone for 3 or 4 days in a row. Finally seems to stabilize. And adding to that the media-massacre (bad press, news or spreaded rumors) we saw over the course of the last couple of weeks against Cryptocurrencies seems to decreasing too.
I do think that current bitcoin price is stabilizing and also the closing of weekly candle (sunday night) is processing. Hope we see a good upward movement in the coming days. If not we will update our analysis to check our next targets.