BTC/USD forecast for the week of December 18, 2017, Technical Analysis


Bitcoin rallied again during the week, reaching as high as $18,000 before pulling back slightly on Friday. The market looks to be very parabolic at this point, so buying Bitcoin and hanging onto it might be difficult as a corrective pullback is absolutely necessary. In fact, a simple 50% Fibonacci retracement …
BTC/USD forecast for the week of December 18, 2017, Technical Analysis