Analysis of the rate of the Bitcoin/USD cryptocurrency pair as of December 28, 2017

Against the backdrop of the pre-holiday absence of fundamental news, I offer a technical analysis of price movement on 12/28/17

12/27/2017 after going up from the flag pattern, the price set a local maximum at 16,494.00 and then began to decline to the 50% Fibonacci support level, but not receiving sufficient support there, fell into the green corridor, setting the daily minimum at at 14463.00. I believe that further growth into the gray area of ​​nineteen thousand will take place in the purple corridor. Therefore, despite the pre-New Year's lull, on December 28 we expect a retest of the upper border of the purple channel at 18000.00, fixation of the daily high in this area and a rollback to the 61.8% fibonacci level (15300.00) for another consolidation.