Bitcoin BTC/USD are traded at the level of 7045 and continue to move within the bullish channel. At this point, we should expect an attempt to test the lower border of the channel near the area of 6950. Again, we expect a rebound and continued growth Bitcoin above the level of 7700. In favor of the growth of quotations BTC/USD will perform a test of the support line on the indicator of relative strength index (RSI).
BITCOIN forecast & technical analysis on November 9, 2017
Cancellation of the variant of growth will be the breakdown of the area 6650, which will indicate the yield of the currency for the limits of the channel and the continuation of the fall below the level of 6250. To expect the acceleration of growth is with the breakdown of the level of 7250.
BITCOIN forecast & technical analysis on November 9, 2017 suggests an attempt to lower quotations in the area of the lower border of the bullish channel, from which it is expected to rebound and continue growth Bitcoin with a potential target near the area of 7700, an additional signal in favor of growth will test the trend line on the indicator of relative strength index (RSI), cancellation will breakdown at level 6650.
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