Bitcoin is at critical levels. Could defenetely break out the bear trend and push to higher highs after a month being sideways.

Let's point out key levels that are likely to be reached in the short term using fibonacci ratio analysis: Key levels: 1 - 1.382 - 1.618 and less likely 2.618.

Let's check out the Elliot Wave count and some basic technical analysis: continuation pattern spotted (bull pennant)

Five wave move (impulsive wave) followed by a correction (a-b-c) that has ended already. Now we're at the beginning of a potential new bull ride.

Let's zoom in and do some channeling to keep in mind key support/resistance zones in the short term.
5min chart

Play the guitar for the crypto win

Bitcoin conclutions

This daily update wants to provide a solid elliot wave count and show you the key levels that bitcoin is likely headed to.
Bitcoin remains bullish and could potentially breakout of the major bear trend in the longer time frames.

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https://steemit.com/trading/@luiggih/vertcoin-looking-for-a-3000-trade-in-2018
https://steemit.com/beyondbitcoin/@luiggih/siacoin-potential-x20-in-2018-all-you-need-to-know-about-this-undervalued-coin
https://steemit.com/beyondbitcoin/@luiggih/vechain-getting-ready-for-a-40-move-ven-btc
https://steemit.com/trading/@luiggih/trading-long-usd-jpy-14-to-1-r-r

Thanks for Reading!