Bitcoin Analysis December 15, 2017

BTC/USDBitcoin is relatively flat yet again during the trading session on Thursday, as we are using $16,000 as support. I think that eventually we will get a little bit of a pullback, but that should be a “buy on the dip” type of opportunity. Adding slowly is probably the best advice I can give, as we are clearly starting to lose momentum after the futures market opened.
 
BTC/JPYBitcoin is also flat against the Japanese yen, failing to break above the ¥2 million level. A br