Bitcoin BTC/USD are traded at the level of 13814 and continue to move within the framework of a downward correction. At this point, we should expect an attempt to test the level of 13100. Where again we should expect a rebound and the continued growth of the Bitcoin rate with a target above 16650 as part of the development of the reversal model «Double Bottom».
Bitcoin BTC/USD forecast on December 26, 2017
In favor of the growth of quotations BTC/USD will break the resistance line on the indicator of relative strength index (RSI). Cancellation of the growth option will be the fall and breakdown of the region of 12300, which will indicate the continuation of the BTC/USD fall below the level of 10500. With the breakdown of the resistance level and the closing above 14900, it is expected to accelerate the growth of the cryptocurrency.
Bitcoin BTC/USD forecast on December 26, 2017 assumes an attempt at level 13100 and the continuation of growth in the area above the level of 16650, an additional signal in favor of Bitcoin’s growth will be breakdown of the resistance level on the indicator of relative strength index (RSI).
Looking for the Best Forex Broker? We trade at RoboForex. You can receive a rebates from each trade when registering using our partner link
