Bitcoin Price Analysis Today January 15 2019

Crypto bears are toying with bullish investors. They are literally sapping the moral of all wannabe crypto bulls.

bitcoin price analysis today

Yesterday we had a rally but it was short lived and since the bitcoin price has drift down.

Indeed the bitcoin price is already returning to the Donchian Channel midline,

A break of the $3483 support line would certainly bring the price down to $3200.

I think we are at or very close to the bottom.

Possibly a little bit more downside bitcoin to come followed by stagnation.

When the right time come, i will be much more bullish on bitcoin and altcoins.

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