BITCOIN BTC SHORTTREND 19.01.18

Bitcoin finds itself in a downward trend which may result in prices at 9000 Dollar/BTC. In order to sustain the longterm upward trend, the green trend line has to hold. Next step will be the test of the red resistance line.

1) If we can rise past it, the current correction may have been of a diverting nature.

2) If we continue downwards from there, the bearish mode should continue for the next days.

Good luck!