15.02.18. The current analysis of Bitcoin prices.

BTC, on lines it is visible that in about a week all medium-term trends will converge approximately in one area.
If you go through above 9500 up to this point, will not be so difficult to turn around in global growth.

The market began to recover. And BTC followed an optimistic scenario and grew. It is above the resistance level of Fib 0.786. There are two reasons for this: many fundamental good news led to a substantial increase in volume, and the annual January crisis ended. However, the price is still in the triangle. BTC will start growing to a new ATH only when it breaks the triangle up. I think it will happen in the next month. To do this, we can see another wave of correction, because now there is a formation of the rising wedge. Keep your Bitcoins until the end of March

The reasons for the growth were news such as the expiration of futures on the stock exchange AND the hearing about the blockchain in the us Congress(which is now http://goo.gl/avSEjC).

But it is important to understand that Bitcoin can not withstand the resistance and collapse under$ 9,000 and then it may well be back to 7800 - everything is sad there. In case of a good rebound, a triple bottom will turn out-a great bull sign. And can penetrate a neck and double ceiling work on full - closer to $7,000 are falling.

Keep this script in your head, just in case.