Bitcoin is slightly increasing following recent consolidation phase at the 8200 range. Expected to rise along 8500. Hourly support and resistance at 6797 (06/02/2018 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 approaching its 200 DMA (7000 range).