BTCUSD Analysis: Chop and More Drop? [Video]
![BTCUSD Analysis: Chop and More Drop? [Video]](https://editorial.fxstreet.com/images/Markets/Currencies/Digital Currencies/Bitcoin/Bitcoin_1_XtraLarge.jpg)
BTCUSD
It's been a wild run for Bitcoin in 2017, with the market going hyper parabolic, exploding to record highs in November just shy of $8000. We have seen a correction over the past few sessions and this leaves many wondering if that will be it as far as pullbacks go, with the market once again looking to charge to another high.
In this analysis, we take a look at Bitcoin each day, highlighting all of the need to knows for anyone looking to extract up to date information about major levels and relevant trends, both short term and longer-term. The analysis is designed for the trader, investor and even those simply holding the crypto asset, looking for an idea of where they may want to consider making that next conversion.
The BTCUSD update is new each day and is presented with an added layer of animation, in an effort to make the analysis as engaging as possible, while also communicating the message with respect to key trends and levels in an easy to understand, seamless manner with great value add to all.
Author

LMAX Group Research Desk
LMAX Group
LMAX Group is a dynamic, visionary and award-winning financial technology company.

















