After touching the 1D top of the Bollinger Band @ $463 following the crash of several currencies and stock markets worldwide, Bitcoin entered sideways/consolidation between $463 - 440. I expect Bitcoin to retest the support at 442-436. So if you missed the initial break out, make sure you buy in this area. Your stop loss will be at $422 in case Bitcoin fails for...
Bears: Bitcoin is showing weakness with a double top at $475-500 and H&S formation as well. A move below $400 on Bitfinex will confirm the bears taking over and a potential revisit of $340-350 and even $315. Bulls: If we manage to hold above $400 then we will stay in 2 weeks of sideways and consolidation and break out after January 15th towards new highs of...