Bitcoin Analysis January 26, 2018

BTC/USDBitcoin fell a bit during the trading session on Thursday, as we continue to drift around between $10,000 on the bottom, and $12,000 on the top. I believe that if we can break above the $12,000 level, we could go to the $13,000 level, but the lack of volume still causes a significant amount of concern. Because of this, I suspect that we are going to consolidate at best, unless we get some type of catalyst to bring in massive amounts of money. Expect quiet range bound trading.
 
BTC/J