Bitcoin Price Jan 15, 2020

Bitcoin is in a very exciting area. Both the 200 MA, Fibo 61.8% and breakout from the channel must overcome bitcoin. Although the market is still very bullish, we do not believe that bitcoin will overcome all three resistances. We will keep you informed.

Reasons:
- 200 MA 9100
- Fibo 61.8% 8950
- Bearish channel
- Support Level 8000