04.04.18. The current analysis of Bitcoin prices4
BTCUSD: on Tuesday, bitcoin trading ended with a 4.99% increase. At the American session, the rate rose to $ 7509. The growth of quotations was restrained by the Fibonacci node in the area of $7427 – $7472 (38.2% of the fall from $9050 to $6425, and 61.8% of the fall from $8120 to $6425). Coming out of the side channel " 1-1 "up, the price rose in the channel"2-2".
The upward momentum faded in the European session. America could not gain the speed that was reached early in the morning. During Asian trading, sellers pushed the price down from the channel "2-2", breaking the trend line. In this regard, I built a channel "3-3"to determine the support of $7153.
On Wednesday, the price should not go out of their channel "3-3", otherwise it will not avoid a return to the price of $6840.
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