Bitcoin Analysis January 12, 2018

BTC/USDBitcoin continues to drift sideways overall, after initially dipping during the trading session. The uptrend line underneath continues to offer support, so we could get a bit of a rally from here, but overall it looks as if we have been consolidating. The $12,000 level underneath is massively supportive, and that being the case it’s likely that the market will find buyers in that area. The $17,000 level above is massively resistive, so we could find the market going back and forth b