Bitcoin Analysis January 23, 2018
Bitcoin rolled over during the Monday session as traders came back to work, slicing below the $11,000 level. It looks as if we are starting to see more selling, but the $10,000 level course could offer a bit of support. We are starting to see government crackdowns on digital currencies, and that of course is having a negative effect on the market. At this point, it looks as if the downward pressure is going to continue. The $12,000 level above should be resistance.
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