Bitcoin Analysis December 26, 2017

BTC/USDBitcoin was reasonably quiet during the Christmas session, as most people were not focusing on the crypto currency space, but one thing that I’m starting to notice is that we are forming another descending triangle. Simply put, if we break down below the $13,000 level, I believe that this market goes down to $10,000 after that. I would be careful buying Bitcoin at this point, I think that the correction needs to go much deeper. At this point in time, it’s probably safer to tra