Crypto Currency BTC CFD - Favorite Weather Forecast

Crypto Bitcoin Analysis CFD - What happened in 2017

- Yearly low point: 752
- Annual high point: 19,419.25
The Bitcoin CFD cryptocurrency started the year 2017 at the level of 926.01 to reach an annual closing at 14 243.08. This impressive rise of the Crypto BTCUSD CFD represents an increase of 1,438%.

In 2018, the Bitcoin CFD cryptocurrency price started with a correction following a rejection of the resistance of the 16,800. The BTCUSD CFD then continued to break several daily supports before stopping when the support approached. of 5,700, with a low of 5,814.

The BTC CFD cryptocurrency was then able to break the downtrend line then formed since the 2017 summit until the rejection of the resistance of the 11,700 on January 28, 2018. The break of this oblique bear corresponds with the crossing of the former resistance of 9,300, now become support.

The CFD Crypto Bitcoin currently remains between the resistance of 11,700 and the same support of 9,300, which can lead to negotiations in range as the BTCUSD CFD does not come out of this crypto currency trading zone.

The cryptocurrency trend 2018 is still on the rise :
- A bullish trend
- A positive momentum
- Positive force of movement

Bitcoin Crypto CFD Currency - Bearish Scenario

If the support of the 9,300 is broken, it is quite likely to see a support test below 7,300 and 5,700. Under these levels the Bitcoin could largely continue its fall towards 3,000.

A bearish scenario is possible but only under 9,300 and more certain under the 5,700.

Forecast Crypto BTC CFD - Bullish Scenario
In order to have a real bullish interest in the BTCUSD CFD crypto trading, it is necessary to wait for the crossing of the current resistance, namely the 11,700.

In case of break of this obstacle, a renewal of the upward movement of the CFD cryptocurrency bitcoin is to be expected in 2018 with the following obstacles:
   13,900
   16,800
   19,000 (achieved in 2017)

Evolution Crypto Currency BTC CFD - Favorite Weather Forecast

Our favorite scenario is that of a bullish movement above 11,700. Why ?

It's very simple, the weekly background trend as well as the expected break of the resistance of the 11,700 indicate a favorite upside scenario, during the year 2018.

This year will clearly be a decisive year for the evolution of the BTC CFD crypto course. Here are the forecasts for Bitcoin CFD 2018.