Bitcoin forecast & technical analysis September 25, 2018


Bitcoin BTC/USD are traded at the level of 6566 and continue to move within the correction. Capitalization of cryptocurrency at the time of publication of the forecast is $114 378 674 030. At this point, we should expect a test of the support level near the area of ​​6500. Again, we should expect a rebound and an attempt to continue the growth of the Bitcoin exchange rate with a target above the level of 7000.

Bitcoin forecast & technical analysis September 25, 2018

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). The abolition of the growth option for Bitcoin will be the fall and breakdown of the 6200 area, which will indicate the breakdown of the lower border of the channel and the continued drop in the Bitcoin exchange rate with a potential target at 6050. With the breakdown of the resistance area and the closing of the cryptocurrency quotes above 6800, asset.

Bitcoin forecast & technical analysis September 25, 2018

Bitcoin forecast & technical analysis September 25, 2018 assumes an attempt to test the support level near the area of ​​6500 and continue the growth of the cryptocurrency with a potential target at 7000, an additional signal for the growth of the Bitcoin rate will test the trend line on the indicator of relative strength index (RSI).


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