Thoughts on current BTC price and where it will meet resistance

15 בפבר׳ 2018

BTC is in a clear defined channel, it will meet resistance at the top of the channel (10,400-10,600). BTC should see some consolidation in that range before moving higher. The hardest resistance will be at 2-month downtrend line (11,200-11,900). If BTC can break through, I expect a parabolic-like move back towards 15,000-16,000, if not ATHs.