Bitcoin Analysis January 19, 2018

BTC/USDBitcoin has been absolutely pummeled over the last couple of sessions, but during the trading session on Thursday, we are starting to see an attempt to rally. By breaking above the $12,000 level, we have a potential reversal happening, but I would be very cautious about this, as it could be a “bull trap.” One of the things that I am truly concerned about is that although the candlestick looks likely to show a bullish proclivity, the volume simply is not there. In fact, I would