Bitcoin (BTC/USD) forecast on February 24, 2018


Bitcoin BTC/USD is trading at 9827. Cryptocurrency continues to move within a downtrend. At the moment, we expect Bitcoin correction to the resistance area at 10250. Further, the rebound and the continuation of the BTC/USD fall below 9000. A strong test for the drop of the cryptocurrency will be the test of level 80 on the Stochastic indicator.

Bitcoin (BTC/USD) forecast on February 24, 2018

The cancellation of the Bitcoin drop option will be a breakdown of the upper moving average level and a close above 10600, which will indicate the continued growth of the cryptocurrency and the likely change in the trend in favor of the bullish one.

Bitcoin (BTC/USD) forecast on February 24, 2018

Bitcoin (BTC/USD) forecast on February 24, 2018 involves an attempt to test the resistance level near the area of ​​10250 and continue falling to the area below the level of 9000, an additional signal in favor of Bitcoin depreciation will be a downward trend test on the Stochastic indicator.


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