Cryptocurrency prices analysis and forecast – 6 December 2018
BTC/USD
BTC/USD is being traded at $3,777 as part of a correctional flat. Over the past day, changes in the cryptocurrency market are minor. The last two days there has been a low activity of the participants when moving sideways. Capitalization during this time decreased by 3.9% to $125B. After the entire market has been reduced to levels more than a year ago and on a neutral news background, participants trade in a range. The continuation of the lateral movement in the coming days is still the most likely scenario.
As part of the forecast for December 6, we can expect the continuation of the correction within the limits of the trading range of $4,500 - $3,600. The signal area is located at $4,056 - $4,025. This is a dynamic zone ...
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