Bitcoin On The Way To Recovery?
Swissquote Ltd | Jan 18, 2018 12:20
BITCOIN (in USD) On the way to recovery ?
Bitcoin keeps pushing up after a strong collapse. Hourly support area is located around 10,775 (22/12/2017 low). In the short-term, the technical structure suggests a continued bearish momentum. Expected to show further decline.
In the long-term, the digital currency has had an exponential growth but also presented important downturns. There is decent likelihood that the currency reaches $15,000 (December 2017 levels) in 2018.
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