Bitcoin BTC/USD is trading at 8232. Cryptocurrency continues to move within the bullish trend. At this point, we expect correction Bitcoin to the support area at 8100. Further, the rebound and the continued growth of BTC/USD are above the level of 8650. A strong signal in favor of the growth of the cryptocurrency will come from the support test on the Stochastic indicator.
Bitcoin (BTC/USD) forecast for today November 21, 2017
The conservative area for buy Bitcoin is near the 7900 level. The abolition of the Bitcoin growth option will be a breakdown of the level of the lower moving average and the closing below 7700, which will indicate the continued decline in the cryptocurrency.
Bitcoin (BTC/USD) forecast for today November 21, 2017 involves trying to test the support level near 8100 and continuing growth in the area above 8650, an additional signal for the growth of Bitcoin rate will be a test of support on the indicator Stochastic.
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