Bitcoin Analysis January 25, 2018

BTC/USDBitcoin rallied slightly during the trading session on Wednesday against the US dollar but continues to look very vulnerable to pressure. One major concern of course is the lack of volume, and as long as that’s an issue, rallies can’t necessarily be trusted. At this point, I would need to see the market either pick up a lot of volume on a green candle or break above the $13,000 level to start buying. More than likely, we will see a short-term pullback.
 
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