Bitcoin BTC/USD are traded at the level of 16411 and continue to move within the framework of growth. At this point, we should expect an attempt to test the lower limit of the «Triangle» model near the level of 15500. Again, we expect a rebound and the continued growth of the Bitcoin rate with a target higher than 18500. In favor of the growth of the BTC/USD quotes, the support line test on the relative strength index (RSI).
BITCOIN forecast & technical analysis December 15, 2017
Cancellation of the growth option will be a fall and breakdown of the area of 14900, which will indicate the continuation of the fall of BTC/USD below the level of 13500. With the breakdown of the upper limit of the model «Triangle», it is expected to accelerate the growth of the cryptocurrency.
BITCOIN forecast & technical analysis December 15, 2017 assumes an attempt to test the level of 15500 and continue growth in the area above the level of 18500, an additional signal for the growth of the Bitcoin rate is the test of the support line 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
