Bitcoin BTC/USD are traded at the level of 18465 and continue to move within the correction. At this point, we should expect a test of the support level near the area of 18200. Again, we expect a rebound and the continued growth of the Bitcoin rate with a target above 20800.
Bitcoin BTC/USD forecast on December 19, 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 area of 17200, which will indicate the outflow of quotes outside the channel and the continuation of the fall of BTC/USD below the level of 15600. With the breakdown of the level of 19000, we expect to accelerate the growth of the cryptocurrency.
Bitcoin BTC/USD forecast on December 19, 2017 assumes an attempt to test the support level near the area of 18200 and continue growth to an area above the level of 20800, 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).
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