Bitcoin (BTC/USD) forecast and analysis on December 18, 2017

Cryptocurrency Bitcoin (BTC / USD) is trading on 18 9 34.02. Cryptocoversion is trading above the moving average with a period of 55, which indicates the trend of fasting for the bitcoin. Currently, the cryptrocircity bid Bollinger bands are taken near the upper boundary of the indicator bar. An examination of level 17960.50 is expected, from which we can hope to continue development and further development with the goal near the 21270.50 level.

Conservative buyer area is near 15440.20 near the lower limit of the Bollinger band indicator strip. Elimination of Bitcoin Growth Tracking option will have the effect of lowering the Bollinger Band Indicator band, along with the average of the 55th period and close to the quotation of 14280.50. Changes in Downtant for BTC / USD In the case of the upper border failure of the indicator of the Bollinger band, we should expect to speed up the development.

source https://bymarkets.com/btcusd-forecast/bitcoin-btcusd-forecast-analysis-december-18-2017/