Bitcoin BTC/USD forecast on December 27, 2017


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Bitcoin BTC/USD are traded at the level of 15605 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 ​​15100. Again, we should expect a rebound and the continued growth of the Bitcoin exchange rate with a target above 17600 as part of the start of the development of the reversal model «Double Bottom».

Bitcoin BTC/USD forecast on December 27, 2017

In favor of the growth of quotations BTC/USD will perform a test of the support line on the indicator of relative strength index (RSI). Cancellation of the growth option will be a fall and breakdown of the area of ​​14500, which will indicate the continuation of the fall of BTC/USD below the level of 13000.

Bitcoin BTC/USD forecast on December 27, 2017

Bitcoin BTC/USD forecast on December 27, 2017 assumes an attempt at the level of 15100 and continuation of growth in the area above the level of 17600, an additional signal for the growth of the Bitcoin rate will be a test of the trend line on the indicator of relative strength index (RSI).


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