Bitcoin analysis January 8, 2018

BTC/USDBitcoin went sideways initially during the trading session, but then shot higher as the market reached towards the vital $16,000 level. A clearance of that level for more than a few hours should send this market higher, perhaps reaching towards the $18,000 level. Otherwise, look for pullbacks as potential buying opportunities.
 
BTC/JPYBitcoin is testing the ¥1.91 million level as I record this, which is the beginning of resistance to the ¥2 million level. I believe that pull