As more and more people gain awareness into Bitcoin and see the increase in BTC price, we can only continue to go up from here in the longer & weekly to monthly terms for BTC/USD
BTCUSD
Logically who would want to sell BTC below $10K if it hit $20,000 a day ago? Thus the price must continue to rise, and rise until a much excessive parabolic move is hit then we can retrace downward into the $10,000's at the lowest
Short term, I believe BTC is due for a pullback, but the dips are become smaller and tighter as more people want to enter the cryptosphere thus making traditional technical analysis completely useless
(Side Note: The NASDAQ and S&P 500's overly-promised bull-run with stupidly high P/E ratios is coming to an end by 2018 and will enter a bear market before the Federal Reserve Collapse of the traditional banking system coming in 2018 will lead more people into a decentralized global currency and will start to trust Bitcoin longer term, as seen in China/Venezuela/Korea corrupt countries, resultingly more money will be injected into the crypto-space)
코멘트:
BTC completed its 0.71% correction to the short-term support line. We must wait another day as there is no bearish sentiment/indicators until we confirm the loss of buyers at $18,300-19,200