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Added 17 January 2018
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After climbing over 11% from the lows last week, Bitcoin closed at $9329 - an 8.47% gain from it's open at $8600. Now, it consolidates under the resistance around $9750 that held it down in October.
The altcoin market joined in the surge, with a similar percentage climb from $81 billion to $90 billion.
Will this resista...
During this last week, Bitcoin's price plunged faster than the bulls' tears, dropping over 20% to $6785. Possible support lies at a daily orderblock ranging from approximately $6200 to $6475, but more secure support is at the confluence of a daily and a weekly orderblock between $5627 and $5784.
Bears may get another chanc...
Bitcoin concluded an otherwise cheerful week for the bulls with a saddening 11% plunge in a matter of hours.
The trend for the month is still bullish since a lower low has not yet been set. Still, this shows some weakness in the recent bullish activity.
The overall altcoin market cap has closely mirrored Bitcoin's price...
