We are hovering above the $8k level which doesn't say much. We will need to attempt a break above $10k and hold for a couple of days before it's safe to say that we're on an uptrend.
I'm also swinging, hoping the market will recover for me to have a lucky new year, wish Crytopia good growth.
We can see in the past three days the bitcoin price has started to increase but the gain is not strong and I firmly believe that bitcoin prices will go down sharply. At midday, the bitcoin hit $ 9000, and started to turn down to $ 8200 at the moment. According to my analysis, the selling power is very strong so the bitcoin price could drop to $ 7000 tomorrow. At the moment we should wait to be able to buy bitcoin at the best price.