Bitcoin BTC/USD are traded at the level of 8857 and continue to move within the framework of the bullish correction. At this point, we should expect a test of the support level near the area of 8350. Again, we should expect a rebound and an attempt to continue Bitcoin’s growth with a target above the level of 10650.
Bitcoin (BTC/USD) technical analysis April 24, 2018
In favor of the growth of quotations BTC/USD will test the trend line on the indicator of relative strength index (RSI). The abolition of the Bitcoin growth option will be the fall and breakdown of the 8100 area, which will indicate the breakdown of the support area and the continued fall in the Bitcoin exchange rate. A confirmation of the development of the growth of the cryptocurrency will be the breakdown of the resistance area and the closing above the level of 9300.
Bitcoin (BTC/USD) technical analysis April 24, 2018 involves trying to test the support level near the area of 8350 and continuing growth with a potential target at 10650, an additional signal in favor of Bitcoin’s growth will be a test of the support line on the indicator of relative strength index (RSI).
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