December 16, 2017 was the day when the BTC reached the value of $19,535, that month was a madness for the digital market and the upward trend of its price seemed to have no end. One day was in $13,000, after 5 hours was worth $14,000 and the next day came to $15,000, definitely a great time for bears as it increased to scales of 25% and up to 50% in that month. But...
Why the climb?
The largest option operator in the United States, the CBOE (Chicago Board Pptions Exchange) from that December 10, 2017 would allow the BTC futures negotiation. It was great news for the market as this would mean the integration of large participants and would increase the BTC's activity, hence its price.
Will the BTC go up again?
Since January this year the price has gone down, is currently in a rise and fall between $7000 due to the great descent of the Criptomonedas in recent weeks. There can be a point that the price will come to graze until $30,000, as crazy as it sounds all this can be seen evaluating the levels of resistance and supports of the BTC, as shown below... (spanish)
It should be pointed out that this image is before the downward trend began...
When will you touch this outrageous price? Right now the future of the Criptomonedas is quite clouded by the amount of changes that are being made today and would be to shoot at random give an estimated time even. It is a good time to buy BTC, taking advantage of the bearish trend because when a new climb occurs you could profit from high percentages.