Bitcoin Analysis December 23, 2017

BTC/USDBitcoin has collapsed again during the trading session on Friday, already hitting the target that I had spoken about yesterday. We are now below that level, and it looks as if the 13,000 level may give way as well. If it does, the next target is probably $12,000, followed by $10,000. Although it has worked out quite well to buy the dips over the longer term, the volume is picking up drastically to the downside, and therefore I think there is much more pain to go in this market. Now that w