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Bitcoin Forecast January 2, 2018

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The Bitcoin market fell during the trading session on New Year’s Eve, showing more signs of weakness and a perfect ending to the year that has been so bad. The 20 day EMA is offering dynamic resistance, and most certainly the 50 day EMA will as well, which is all the way up at the $4500 level. At this point, I think that we will continue to see markets sell off every time we rally, and the first signs of exhaustion could be a selling opportunity. At this point, the market will then go down to the $3000 level, an area that has been support. for more analysis: http://www.dailyforex.com
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