Under the forecast of the Bitcoin's rate is expected to test the level of 4850. Where to expect an attempt to continue the growth of BTC/USD and further development of the upward trend. The purpose of this movement is the area near the level of 5520. The conservative area for bitcoin purchases is located near the lower border of the Bollinger Bands indicator at the level of 4820.
The cancellation of the option to continue the growth of Bitcoin will be the breakdown of the lower border of the Bollinger Bands indicator. As well as the moving average with a period of 55 and the closing of the pair's quotes below the 4750 area. This will indicate a change in the current trend in favor of the bearish BTC/USD. In case of breakdown of the upper limit of the Bollinger Bands indicator, we should expect an acceleration of the cryptocurrency fall.
Bitcoin BTC/USD forecast for today April 6, 2019 suggests a 4850 level test. Further growth is expected to continue in the region above the level of 5520. The conservative buying area is near the 4820 area. Cancellation option growth of the cryptocurrency will perform breakout of the level of 4750. In this case, we should expect the fall to continue.
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From @alexei83