Bitcoin update. BTC-USD on December 26, 2018

December 26, 2018

On the scale of the month, the extreme candle still looks like a reversal (not globally, but within the movement of the downward channel), which gives a chance to see a bullish green color next month. On a week scale, we see the formation of a red candle, which is quite logical after such a powerful bull green one. At the moment, we observe the expected (and voiced in past posts) rollback, there are no reasons for panic or strong negative.
The main scenario of this post remains fully relevant, while Bitcoin above the support noted in previous publications in the market remains bullish.

All the articles