Bitcoin BTC/USD are traded at 8559 and continue to move in the fall. At this point, we should expect an attempt to test the resistance area near the level of 8800. Where again we should expect a rebound and an attempt to continue the Bitcoin drop with a target below 7000.
Bitcoin forecast & technical analysis February 3, 2018
In favor of falling quotes, BTC/USD will test the trend line on the relative strength index (RSI). The abolition of the Bitcoin reduction option will be a strong growth and breakdown of the area of 9200, which will indicate the continuation of the growth of BTC/USD above the level of 10200. With the breakdown of the level of 7900, we expect to accelerate the drop in quotations Bitcoin.
Bitcoin forecast & technical analysis February 3, 2018 suggests a test of the resistance level near 8800 and continuation of the fall below 7000, an additional signal in favor of Bitcoin drop will be a resistance line test on the relative strength index (RSI).
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