Bitcoin BTC/USD are traded at 13450 and continue to move within the correction. At this point, we should expect a test of the support area near the 11500 level. Again, we should expect a rebound and an attempt to increase Bitcoin with a target higher than 18500.
Bitcoin weekly forecast on January 15 — 19, 2018
In favor of the growth of the BTC/USD quotations, a support line test will be performed on the relative strength index (RSI). The abolition of the Bitcoin growth option will be the fall and breakdown of the area of 10000, which will indicate the breakdown of support and the continuation of the fall of BTC/USD below the level of 6500.
Bitcoin weekly forecast on January 15 — 19, 2018 involves trying to test the support area near the level of 11500 and continuing growth in the area above the level of 18500, an additional signal in favor of Bitcoin growth will be a test of the support line on the indicator of relative strength index (RSI).