By Dmitriy Gurkovskiy, author at RoboForex Blog On Friday, December 27th, the activity shrunk to a minimum. The leading cryptocurrency is trading at $7181.00 and declining slightly. Judging by the dynamics on D1, market participants are aimed at 76.0% ($5700.00) but stopped yet near 61.8% Fibo. At the decline, there is a convergence on the MACD, which may signal a pullback but only after the target level is reached. As the target level for the pullback, we may regard the resistance line of the current channel and 50.0% ($8500.00). However, the main goal of the declining wave is the yearly
The post Bitcoin Price Analysis for December, 27th – BTC Slightly Declining at the End of the Year appeared first on The Merkle Hash.
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