Personal offer with profitability from +100%
More details

Bitcoin BTC / USD Forecast for 12/30/2020

Bitcoin cryptocurrency, after a slight correction, again seeks to renew highs. At the moment, BTC / USD quotes are at around 27600.

The chart is located above the Ichimoku cloud, the fast signal line of the indicator broke through the slow one from the bottom up a few days ago. What says about the upward trend in Bitcoin.

The support level is the red line of the indicator at 26500.

The resistance level is the previous local maximum - 28300.

Bitcoin BTC / USD Forecast for 12/30/2020

If you mentally stretch the Fibonacci retracement levels on the Bitcoin chart, then you can pay attention to the already familiar 38.2% - 11.8% reversal pattern.

A 38% correction from the previous upward impulse has already taken place, but now the resistance level is 27700.

If the Bitcoin quotes cannot overcome the resistance level, the trend will reverse on the older timeframe, and the target of the downward movement in Bitcoin will be the support level 24500.

Thus, on Wednesday, December 30, we expect an attempt to update the local maximum for Bitcoin, as well as a correctional movement of the fall in the Bitcoin rate, with a target in the area of ​​24500.

Heading:

Leave a Reply

Your email address will not be published. Required fields are marked *

Online charts

Forex charts

Cryptocurrency charts

Exchange commodities

Stock indices

Forex brokers rating

FinmaxFX
Amarkets

Popular posts

[wpp header_start='

' header_end='

' range='last7days' thumbnail_width=150 thumbnail_height=90 stats_views=0 limit=5 order_by='views']

Last notes

Popular tags

Comments

Recent Comments

    ABOUT THE PROJECT

    Real-time charts and quotes: Forex currency pairs, cryptocurrencies, stock charts, online commodity charts. Forecasts for tomorrow. If you want to know the forecast of the cost of cryptocurrency for tomorrow, for the week ahead - follow our forecasts, subscribe to the telegram channel. By using the site, you agree to the terms of our User Agreement. Any use of site materials without the written permission of the administration is prohibited. In case of violation of these requirements, the site administration reserves the right to protection in accordance with applicable law.
    The fact of opening positions in financial markets is not a guarantee of profit. You may not only earn nothing, but also lose money. The site owner is not responsible for the results of your decisions. We only provide you with information (for comparison and objective decision-making) about the prospects for changing the rates of a particular financial instrument, you make the final choice yourself. The content of the site is for informational and reference purposes only and is not a recommendation or offer.
    © 2021 chartsforecasts.com Copying of site materials is prohibited.
    menu-circlecross-circle