BTC/USD continues to move in the framework of strong growth. At the time of the publication of the forecast, the cost of Bitcoin to the US Dollar is 4713. At the moment, we should expect an attempt to fall and a test of the support level near the area of 4550. Then a rebound and continued growth of cryptocurrency in the region above the level of 5500.
Bitcoin Forecast for tomorrow April 3, 2019
In favor of lifting the BTC/USD quotes, a test of the upward support line on the relative strength index (RSI) will be made. The second signal will be a rebound from the lower boundary of the rising channel. Cancellation of the growth rate option Bitcoin will fall and the breakdown level of 4270. This will indicate a breakdown of the lower boundary of the channel and the continuation of the fall of the BTC/USD digital asset quotes to the area below the level of 3895. The growth will be confirmed by the resistance area and closing above the level of 4900.
Bitcoin Forecast for tomorrow April 3, 2019 suggests an attempt to test the support level near the area of 4550. Where should we expect a rebound and continued growth of the Bitcoin rate with a target above the level of 5500. An additional signal in favor of the rise will be a test of the trend line on the relative strength index (RSI). Cancellation of the growth option will be the breakdown of the support area and closing of quotes below the level of 4270.