UnknownUnicorn2091450

Bitcoin 1/27/18 4 Hour Chart Analysis

BINANCE:BTCUSDT   Bitcoin / TetherUS
We have broken the downtrend that started on 1/21/18 and started a new uptrend. MACD shows positive as the moving average is positive so we are going to see some gains over the next few hours. We will meet resistance near 11.7k though if momentum holds we may finally break through this and break the last high on 1/25. If this happens we could see some continued gains and may finally get above 12k again.
BTC
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