How Will Bitcoin Bring in the New Year?


The question right now is “Is the Bitcoin selling over?” Based on the charts, the Bears definitely have the upper hand with a Squeeze firing short on a daily chart. This, coupled with the momentum on the 8 hour, also shifting bearish. The line in the sand I’m currently watching comes in right around $13,445. As long as this level holds over the next day or so, I would expect we’ve found a bottom. Let’s take a look at the last time we saw similar price action in July for clues on how this may play out.

That's as far as you can go!