20k on target.
(By Yann Quelenn )
• Bitcoin's bullish momentum is far fom over.
The technical structure has shown a tremendous
positive short-term momentum. Hourly support
is located below 14k (08/12/2017 low). Strong
support stands very far at 2975 (22/08/2017 low).
In the short-term, the digital currency should
continue rising at levels unseen so far.
• In the long-term, the digital currency has had
an exponential growth. There are decent
likelihood that the asset will reach $40'000 in
2018.
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