Bitcoin bears broke $13500 yesterday and went all the way down to $12125 from $13757 on Bitstamp. That is a 10% drop! Who bought on the dip? I missed it. ☹
We went all the way up again to $13431 again and now we are at $12960. The bulls are trying to turn the price, but looks like the bears are in control.
The support is around $12125 on Bitstamp and resistance at $13431.
Here is the latest technical analysist video from The Chart Guys:
Also have a look at Tone Vays comments below on the bitcoin price from time 27:30 Tone is a little bearish because his chart are negative but not showing a sell signal either.
.Thank you everyone on Steemit for a great 2017. I wish you a happy 2018 and may you reach all your goals in Steem and Bitcoin.
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