Bitcoin BTC/USD are traded at the level of 17449 and continue to move within the framework of growth. At this point, we should expect a test of the support level near the area of 16900. Where again we should expect a rebound and the continued growth of the Bitcoin rate with a target above 18765.
Bitcoin BTC/USD forecast on December 17, 2017
In favor of the growth of the BTC/USD quotations, a support line test will be performed on the relative strength index (RSI). Cancellation of the growth option will be the fall and breakdown of the 16400 area, which will indicate the continuation of the BTC/USD fall below the level of 15600. With the breakdown of the level of 17900, it is expected to accelerate the growth of the cryptocurrency.
Bitcoin BTC/USD forecast on December 17, 2017 assumes an attempt to test the level of 16900 and continue growth in the area above the level of 18765, an additional signal for the growth of the Bitcoin rate will be a test of the support line on the indicator of relative strength index (RSI).
