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Bitcoin likely short rally to 12600
Bitcoin / Tether USD
Long
Bitcoin likely short rally to 12600
By Shafay
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Jan 27, 2018
3
Jan 27, 2018
At current rate BTC . RSI is stable neither over sold or brought. A likely over brought can break the resistance climbing to test new 2 weeks high.
From yesterday's Bitcoin Price dip , it quickly recovered showing that bears are falling. Expecting short term climb 12500.
Again Bitcoin for me is in downtrend unless it breaks through the downtrend shown in purple which will establish bullish signals.
Chart Patterns
Trend Analysis
Shafay
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