Bitcoin Forecast and Analysis December 16 — 20, 2019

Bitcoin Forecast and Analysis December 16 — 20, 2019

Bitcoin Forecast and Analysis December 16 — 20, 2019 suggests an attempt at the support area near the level of 6520-6760. Then, the cryptocurrency will continue to grow to the area below the level of 9600. An additional signal in favor of the growth of the Bitcoin exchange rate will be the [Poshtrader] Hull Moving Average, Period 50 and [Poshtrader] ADX Signed, Period 14. Cancellation of the option of raising the Bitcoin cryptocurrency quotes will be a fall and a breakdown of the area of 4950. In this case, we should expect continued decline with the target at the level of 4100.