Bitcoin Analysis December 14, 2017

BTC/USDBitcoin was reasonably quiet during the trading session on Wednesday, as we continue to bounce around near the $17,000 level. It looks as if we are trying to build up enough momentum to continue to go higher, so with this being the case adding slowly might be the best way to deal with this market, as it looks like we are in a bit of a holding pattern.
 
BTC/JPYBitcoin has gone sideways against the Japanese yen as well, as it looks like the markets are waiting to see where we go next.