It remains unclear: will Bitcoin continue to grow at the end of this year or only at the beginning of next? We place our bets, gentlemen!
BTC/USD
During trading on the last Friday of 2017, the price of Bitcoin went sideways, consolidating near the 50% fib support level, around the $14,500.00 mark. According to the appearance of the chart, Bitcoin is preparing to move into the blue price area at the level of 17000.00. Let me remind you that this week, in anticipation of the SegWit2X hard fork, when moving up from the flag figure, the price was unable to break through the resistance level of 61.8% fib (16500.00). The upcoming New Year holidays, which are not conducive to business activity, are also keeping the price flat. However, after the developers of SegWit2X announced the successful fork of the new altcoin GOD, further growth of Bitcoin is possible in the absence of negative news factors. It is not yet clear whether this will happen on the last weekend of 2017 or at the beginning of the new year, 2018, but the vector is directed approximately as in the figure below.
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