The year 2019 who is going to start will be without a doubt basis for Bitcoin. After over 10 months of constant falls, the following a year will be conclusive for the future in long Term of the Bitcoin.
If you look at this chart you will notice That the Bitcoin market is actually Held at 200 weekly average In fact as a chart shows bitcoins dropped To the 200 weekly average and has Bounced off that important level the 200 weekly average shown to you on that Yellow Line as you can see there now why Is that important because from a Technical analysis point of view the 200 Weekly average is a very important level
What's important again we can see that Bitcoin Has respected that level of 200 weekly
Average has bounced off that important Level And that Important level makes Bitcoin go back up
To 6000$ that consideration also as important key level
Also, if you remember a lot of traders bought on this level 6000$ and Bitcoin dropped down to 3200$
So it's very likely They're gonna sell their Bitcoin at that Level 6000$ why because they're missed their Chance to do it before