BTC Reversal Heading to 17K

4 de jan. de 2018

BTCUSD has had a consolidation breakout getting turned around at the low 15k range. A higher low here will confirm the bullish reversal and set BTC for upward movement. 14400 is providing a local support, a convincing break of $15000-15400 will show strength for future price action. Buy orders at 14500 carry some risk as the market is still deciding whether or not a higher low will be made. Buying the strong break of $15-15.3k is a profitable strategy.