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Technical analysis 15-02-2018 | Is Bitcoin rising too fast? by cryptotradingfr

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· @cryptotradingfr ·
$1.35
Technical analysis 15-02-2018 | Is Bitcoin rising too fast?
For those of you who read our article from[Yesterday](https://steemit.com/bitcoin/@cryptotradingfr/technical-analysis-14-02-2018-or-btc-inverted-h-and-s), we warned you that in the event of an upward breach we could see a rapid increase, which was the case.
![BTCUSD 15-02-2018. PNG](https://res.cloudinary.com/hpiynhbhq/image/upload/v1518688831/ihxgvmzgrejvfviij6bl.png)
Although a return to the upward trend was expected, we are still in a bearish phase. Only a break above $11K would tell us otherwise.
If we do not take the time to consolidate between each price movement, we can expect to have a very volatile market over the next few days.
![BTCUSD 15-02-2018(2).PNG](https://res.cloudinary.com/hpiynhbhq/image/upload/v1518689043/tsxcdseuz1ymoshoi171.png)
We see it here, we have broken two bearish tendencies very quickly, so we can notice that one of our indicators tells us that we are in an area of over-bought Bitcoin, this is the reason of these big red candles.

What can we expect for the future?
---

Although it is difficult to answer this question, here is a thought-provoking picture:
![Twitter. jpg](https://res.cloudinary.com/hpiynhbhq/image/upload/v1518689332/nrs1wdkiyqmiqgmqz2gs.jpg)
Tell us what you think about it in the comments.

You can find our articles on our website:[https://www.cryptotrading-fr.cash/](https://steem.ly/eE)
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@cryptotradingfr
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