Bitcoin BTC/USD are traded at 6376 and continue to move within the correction. Capitalization of the cryptocurrency at the time of publication of the forecast is $110 991 188 058. At this point, you should expect a test of the resistance level near the area of 6500. Again, we should expect a rebound and an attempt to continue the fall of the Bitcoin exchange rate with a target below the level of 6050.
Bitcoin forecast & technical analysis September 26, 2018
In favor of lowering the quotations of BTC/USD, a trend line test will be performed on the indicator of relative strength index (RSI). The abolition of the variant of the Bitcoin depreciation will be a strong growth and breakdown of the 6600 area, which will indicate the breakdown of the upper border of the channel and the continued growth of the Bitcoin exchange rate with a potential target at 6850. With the breakdown of the lower border of the channel and the closing of the quotes of the cryptocurrency below 6200, course of the digital asset.
Bitcoin forecast & technical analysis September 26, 2018 involves an attempt to test the resistance level near the area of 6500 and continue the decline of the cryptocurrency with a potential target at 6050, an additional signal in favor of the Bitcoin depreciation will be a trend line test on the relative strength index (RSI).
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