Bitcoin BTC/USD are traded at 6498 and continue to move within the correction. Capitalization of the cryptocurrency at the time of publication of the forecast is $112 785 531 854. At this point, we should expect a test of the resistance level near the area of 6650. 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 28, 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 the breakdown of the 6800 area, which will indicate the breakdown of the resistance area and the continued growth of the Bitcoin exchange rate with the potential target at 7250. With the breakdown of the support area and the closing of the cryptocurrency rates below 6250, asset.
Bitcoin forecast & technical analysis September 28, 2018 involves an attempt to test the resistance level near the 6650 area and continue the decline of the cryptocurrency with a potential target at 6050, an additional signal in favor of the Bitcoin depreciation will test the trend line on the relative strength index (RSI).
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