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News BTC Bitcoin Analysis January 8 2018

11 ratings | 666 views
BTC/USD Bitcoin went sideways initially during the trading session, but then shot higher as the market reached towards the vital $16,000 level. A clearance of that level for more than a few hours should send this market higher, perhaps reaching towards the $18,000 level. Otherwise, look for pullbacks as potential buying opportunities. BTC/JPY Bitcoin is testing the ¥1.91 million level as I record this, which is the beginning of resistance to the ¥2 million level. I believe that pullbacks should be buying opportunities, but given enough time we will probably break above that vital ¥2 million level, allowing the market to reach towards the ¥2.25 million level. In the meantime, pullbacks offer value. Thanks for watching, I’ll be back tomorrow.
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Text Comments (3)
Thomas Stolpe (1 year ago)
He is a time traveler from 3 days in the future. His analysis must be perfect....!
M Beliv (1 year ago)
January 8??? What’s wrong?? Loll
2LegHumanist (1 year ago)
Analysis from the future, this should be good!

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