Bitcoin BTC/USD are traded at 8979 and continue to move within the correction. At this point, we should expect a test of the support area near the 8500 level. Again, we should expect a rebound and an attempt to continue Bitcoin growth with a target above 10100.
Bitcoin (BTC/USD) technical analysis on March 23, 2018
In favor of the growth of quotations BTC/USD will test the trend line on the indicator of relative strength index (RSI). The cancellation of Bitcoin growth growth will be the fall and breakdown of the 7800 area, which will indicate the breakdown of the support area and the continuation of the fall below the level of 7200. The breakdown of the resistance area and the closing above the level of 9500 will prove the development of the bullish trend.
Bitcoin (BTC/USD) technical analysis on March 23, 2018 involves trying to test the support area near the level of 8500 and continuing growth with a potential target at 10100, an additional signal in favor of Bitcoin growth will be a test of the trend line on the indicator of relative strength index (RSI).
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