Cryptocurrency prices analysis and forecast – 14 December 2018

Cryptocurrency prices analysis and forecast – 14 December 2018

BTC/USD



BTC/USD is being traded at $3,477 in the correction. The technical picture continues to remain unchanged. News background still does not bode well. So, AriseBank was fined $2.3M due to fraud charges while raising funds during the ICO. In addition, due to the unfavourable situation in the cryptocurrency market, the mining giant Bitmain is closing its unit in Israel. These are additional factors that will help to ensure that cryptocurrencies will continue to decline in the short term.



BTC/USD Forecast and analytics 14 December 2018



As part of the forecast for December 14, we can expect the continuation of the corrective movement in the range of $3,822 - $3,190. The signal area is now very narrow, so let"s mark it with a ...
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