Bitcoin recovers from recent decline below 9390, heading higher along 11000. Hourly support and resistance remain at 9022 (30/11/2018 low) and 12130 (18/01/2018 high).
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).
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