Bitcoin recovers from recent decline below 9390, edging higher along 11500. Hourly support and resistance at 9022 (30/11/2018 low) and 12130 (18/01/2018 high) remain.
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 7’000 – 12’000 in 2018. Bitcoin is trading above its 200 DMA (6’500 range).
 and 12130 (18/01/2018 high) remain.){kind=link}