Bitcoin has reached our expected target of $12,500. Right now it is at the upper bound of the channel, resistance it failed to take out on November 29th, resulting in a 21% correction. Thus, we recommend to book some profits at this level, and have a portion of your position in case it breaks throw this range. We will keep you updated.
- Price Analysis, December 7th, 2017: Bitcoin - Dec 7, 2017
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- Bitcoin for Dummies - Nov 4, 2017
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