Crypto Screener Forums Bitcoin (BTC) Forecast – Technical Analysis Bitcoin (BTC) Technical Analysis – December 2017 Reply To: Bitcoin (BTC) Technical Analysis – December 2017

#1099
margincall
margincall
Keymaster

BTCUSD update, the market is still looking very much the same.

 
btcusd forecast 19 December 2017
 

I am expecting some sideways movement between 17k and 20k usd. (Bitstamp prices)

Resistance is at 20k usd, we will wait for prices to go above 20k again to signal the return of the bulls.

Long term support level is at 12k usd. Should this level break (seems unlikely at this point) I would advise caution with all the crypto markets.