Bitcoin BTC/USD are traded at 18047 and continue to move within a bearish correction. At this point, we should expect an attempt to test the lower border of the channel near the area of 17600. Again, we should expect a rebound and the continued growth of the Bitcoin rate with a target above 20300.
Bitcoin BTC/USD forecast on December 20, 2017
In favor of the growth of the BTC/USD quotes, 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 16900 area, which will indicate the quotes outflow and the continuation of the BTC/USD fall below the level of 15600. With the breakdown of the level 19100, it is expected to accelerate the growth of the cryptocurrency.
Bitcoin BTC/USD forecast on December 20, 2017 assumes an attempt to test the support level near the area of 17600 and continue growth to an area above the level of 20300, 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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