Bitcoin BTC/USD are trading at 3963 and continue to move as part of growth. Cryptocurrency capitalization at the time of the publication of the forecast is $69 783 621 777. At the moment, we should expect an attempt to lower and test the support level near the area of 3750. Where will we again expect a rebound and an attempt to continue the growth of the Bitcoin exchange rate with a target above 4950.
Bitcoin forecast & technical analysis November 29, 2018
A test of the support line on the relative strength index (RSI) will be in favor of the growth of BTC/USD quotes. And also test the upper limit of the downward channel. Cancellation of the Bitcoin exchange rate growth option will be a fall and a breakdown of the 3300 area. This will indicate a breakdown of the support area and a continued depreciation of Bitcoin with a potential target at 2950. With the breakdown of the resistance area and the closure of cryptocurrency quotes above the 4150, you should expect confirmation of the growth rate of the digital asset.
Bitcoin forecast & technical analysis November 29, 2018 suggests an attempt to test the support level near 3750. And then the cryptocurrency will continue to grow with a potential target at 4950. An additional signal in favor of the growth rate of Bitcoin will be a test of the trend line on the relative strength index (RSI). Cancellation of the growth of cryptocurrency will be the fall and the breakdown of the 3300 region.
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