BTC 27/1/2018

I have completely missed that BTC got a nice support/trend line going on and seems to be in a new upward channel after a month of beating and jumping between 10k$-12k$. I do expect it to fall down again after the end pf pennant, but perhaps it might also push upward.

Market seems to be healthy for now and isn't that exhausted anymore. Of course any news can cause panic again, but the trend seems positive until further a due. There are rumours that few whales are dumping BTC and it's causing this bearish market to extend even longer. However, we are trading charts and it seems all good short term.