Technical Analysis Bitcoin (BTC) 01/27/2018

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·@jaysharma·
0.000 HBD
Technical Analysis Bitcoin (BTC) 01/27/2018
Bitcoin has been consolidating around its 0.618 Fibonacci levels which is also its 100 EMA on a daily chart. We might see a leg up towards 14k region. 

![btc.jpg](https://steemitimages.com/DQmQ5coaE3wLSorpbS8rYpXBPhGQhhH8ZP2hpBGpxcqwBZN/btc.jpg)



On a weekly chart, it is holding its 20 EMA quite well. Which is an indicator that the trend is still up in mid to long term.

![btc2.jpg](https://steemitimages.com/DQmYyJvZC2XHJ7AQa2YEoRmaMJvEjpB65LnroaWFPsWZfDx/btc2.jpg)

Good Luck !!

Disclaimer :
This post is my personal opinion and is provided for informational purposes only. Don't consider buying or selling any crypto currency without conducting your own due diligence.
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