Bitcoin – 11.2.2018

 

This could also be the case with Bitcoin. Of course, many people are still expecting little drop, as there are still a few days left till the new Chinese year. However, on Bitcoin chart is being formed Inversed Head & Shoulders formation, which marks potential growth. To confirm this formation, Bitcoin must reach over $ 10,000 and stay above. When this happens, we are in a much safer zone than now. However, the most important thing is news from the world, which control the price most. TA (Technical Analysis) is just a “speculation” where the price could theoretically be stopped. We said that at $ 6k it was a wonderful buy because the fall was literally extreme and without any sense. We believe that in following days will formation above start filling, without any unexpected changes! ?✅