Bitcoin Technical Analysis 1--19-18


Bitcoin needs to break $12123.10 today to form a higher high on the 4hr chart (GDAX) to continue the bounce from $9005. Keep an eye on the inside bar on the daily chart for a break.










There is a potential head and shoulders pattern on the 1hr chart. Breaking below the neckline of this pattern would turn things bearish and we would likely form a higher low from $9005.