For the upcoming next few month, a continued demand of Bitcoin is still to be expected and it can easily pass 18k, 20k, and the 25K trendline. This is due to increased use of the technology as well as market adaptation of the blockchain or decentralized nodes continued to be rolled out. It is still however, not based on pricing but also the expected roll out of technologies in 2018. The risk is medium but favoring the side of continued growth thus far.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.