Bitcoin BTC/USD are traded at 9365 and continue to move within the limits of growth. At this point, we should expect a test of the support level near the 8750 area. Again, we should expect a rebound and an attempt to continue Bitcoin’s growth with a goal above the level of 10550.
Bitcoin (BTC/USD) technical analysis April 25, 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 8200 area, which will indicate the breakdown of the lower boundary of the channel and the continued drop 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 closure above the level of 9600.
Bitcoin (BTC/USD) technical analysis April 25, 2018 involves trying to test the support level near the 8750 area and continuing growth with a potential target at 10550, 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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