Bitcoin is heading downward. Hourly support is at 9’185 (17/01/2018 low). In the short-term, the technical structure suggests further decrease.
In the long-term, the digital currency has had an exponential growth but also presented important downturns. There is decent likelihood that the currency could stabilize between 9’000 – 12’000 in 2018. Bitcoin is trading far above its 200 DMA (5K+ gap).