https://www.tradingview.com/x/FhujAJrh/
Bitcoin 6.96% maybe to 12,000 to 12,500. There is a lot of resistance in this area on the 1 day chart. The cloud shows a good picture of the resistance overhead challenging Btc 6.96% to keep on its current Bullish uptrend. I think we are still going to retest lows before we have a confirmed trend reversal and look for new all time highs later this year. Btc 6.96% will retest the 6,000 level and i look to find a new bottom between 3,500 and 6,000. There is a lot of market sentiment involved in where that bottom will actually fall along with other economic factors. As I pointed out before the traditional equity markets would go into a Bear trend around 2/8/18. This has happened along with the predicted action of BTC 6.96% in the last few weeks. A weak rally to 12,000 struggling all the way. With another 2 - 4 months of Bitcoin 6.96% Market Cap decline it will struggle for another 6 weeks or so before making its true reversal. Look for BTC 6.96% to Peak around 12/6/2018. I will put out some numbers and more accurate predictions soon. I am very bullish on bitcoin!!! 2018 will be a great year.
This is not financial advice just my opinion on how this coin will move. Be cautious and only risk what you can loose.
I think it will struggle for sure right now 12,000 to 9,000 I don’t think we’ll see a massive sell off down to under 6,000