IMHO, a break below 8159.2 will confirm this analysis image

Bitcoin technical analysis

8330 need to be defended by bulls failure to which bears will reign again

Bitcoin technical analysis

eyes wide open image

Bitcoin technical analysis

I was alive when 7441.1 was violated. Bears have been overcomed... and bulls have managed to put their acts together and it is a bull's country until the next bend.

Bitcoin technical analysis

7441.1 need to be defended by the bears otherwise bulls will take over. Now in the demand zone... eyes wide open. we seem to have; 1. potential bullish divergence on H1 and 2. a bullish leonardo on daily timeframe. 3. completed the corrective wave ...

Bitcoin technical analysis

next demand zone in the horizon image

Bitcoin technical analysis

hours later image

Bitcoin technical analysis

IMHO, the correction does not support an impulse wave and for that reason I am out. Order flow favors the bears... can 5k print? time will tell image best wish

Bitcoin technical analysis

alternatively image eyes wide open

Bitcoin technical analysis

technically, I concur with you unless 10511 is breached, bear reigns image

Bitcoin technical analysis

before image last day of january 2018 image best wishes

Bitcoin technical analysis

IMHO, this potential bullish gartely may ultimately play out and will then be highly confluenced with a bullish butterfly and bullish AB=CD. This will possible only if 11641 is not violated image best wishes

Bitcoin technical analysis

if not in, wait to open positions during the pullback. If in, add positions during the pullback... bulls are in town image Let me see if I can be a long term trader for the first time. disclaimer

Bitcoin technical analysis

behold image

Bitcoin technical analysis

within daily demand zone... eyes wide open image if the divergence plays out, 11475 will need to be violated... until then bear rules

Bitcoin technical analysis

now forming wave 4 image daily image just my opinion

Bitcoin technical analysis

reading the same script here image

Bitcoin technical analysis

In the event 14927 is taken out today 13th jan 2018, then >20690 is a sure bet. IMHO

Bitcoin technical analysis

I am stretching my imagination too far...? time will tell. IMHO, Potential bullish deep crab in the making image

Bitcoin technical analysis

your trades might be profitable but I prefer not fighting the trend. "...make trend your friend...". we might see 12k print anytime. best wishes

Bitcoin technical analysis