Bitcoin Analysis January 15, 2018

Ticker

1 BTC = $50499.05 USD  (via Coinbase)
1 ETH = $1574.48 USD  (via Coinbase)
1 LTC = $188.41 USD  (via Coinbase)
Quotes delayed up to 2 minutes.

Kryptous

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BTC/USD

Bitcoin bounce from a trend line during the trading session on Friday, as well as the $13,000 level. Because of this, looks like we may get a little bit of bullish pressure, but quite frankly, it’s not until we break above the $15,000 level that I feel comfortable buying. This could end up being an opportunity to sell for another attempt at the uptrend line, but I suspect we are going to see volatility more than anything else. Monday as Martin Luther King Jr.’s birthday in America, so expect quiet trading.

BTC/JPY

Bitcoin has continued to drift lower over the last couple of sessions, and that looks likely to be the running theme. I think the market is going to go down to the ¥1.5 million level over the next several sessions, where it should find plenty of buyers. The volume is reasonably quiet, so I think this is a simple continuation of the overall consolidated move.

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Thanks for watching, I’ll be back tomorrow.

Kryptous

Crypto Coins News - Ratings - Reviews

1 News - 247 News - 247 Bitcoin - 1 Search

BTC - BCH - ETH - LITE - XRP

Buy Sell Trade Crypto Here

 

Ticker

1 BTC = $50499.05 USD  (via Coinbase)
1 ETH = $1574.48 USD  (via Coinbase)
1 LTC = $188.41 USD  (via Coinbase)
Quotes delayed up to 2 minutes.

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