On hourly chart, BTC seems to have formed a perfect head and shoulder. However, wave analysis for the short term is doing a 12345 Elliot Wave. The end of (1) has been recorded at $9,075. (4) correction cannot go below (1) so I don't believe the drop following the head and shoulder pattern will go beyond $9,100. Additionally, there is a strong support at around...
Descending wedge has formed and should be over on about $8500.
Bitcoin will reach $18K before it starts an ABC down to $14K starting tomorrow and for the next week
This is a prediction of how BTC will make its way back to ATH and beyond
Long term view of Bitcoin Progress in the form of a curve trend line
Bitcoin/USD resistance 3rd December 2017