As you can see on the chart, BTC is exactly on Critical level support line right now.
* RSI and MACD are also close to critical level
* MACD Positive Divergence and ready for strong crossover
* A lot of new forks coming after new year
* MASSIVE room for growth
I think we will bounce back from the support and will start going uptrend again, there is MASSIVE room for growth.
However, if support is broken, we can expect going down to $9700 support level, and after that even $8300, but this is highly unlikely.
The major resistance and target point is $20900 right now, which in my opinion will be easily broken because it will gain very strong momentum, so we can expect $25000+ in January.
* RSI and MACD are also close to critical level
* MACD Positive Divergence and ready for strong crossover
* A lot of new forks coming after new year
* MASSIVE room for growth
I think we will bounce back from the support and will start going uptrend again, there is MASSIVE room for growth.
However, if support is broken, we can expect going down to $9700 support level, and after that even $8300, but this is highly unlikely.
The major resistance and target point is $20900 right now, which in my opinion will be easily broken because it will gain very strong momentum, so we can expect $25000+ in January.