Bitcoin Price Analysis Today January 08 2019

Following the breakout above $3900, BTCUSD seems to be taking a little breather before aiming higher.

The price managed to reach $4100 before retracing a bit.

Managing to close a 4H candle above the 4100 mark is now the short term upside target.

bitcoin price analysis january 08 2019

The following clear targets will then be $4250 and $4500.

As old resistance become support, the current immediate support area is $3900 and my stop loss is at $3730.

The goal is to add more positions as the price rises.

This is my bitcoin price analysis today and it is only the expression of my personal opinion. This is not be seen as financial advise.

To learn more about bitcoin trading, join the social trading platform and add me to your watchlist now.

I am always happy to guide new bitcoin traders.

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