Bitcoin exchange rate forecast for October 14, 2018

There is a sluggish correction after the fall. The price is still outside the lower limits of the Ishimoku cloud, and even after a slight rise did not reach the control lines. However, the lethargy of the movement could be assumed: the volumes, like optimism, the situation is no different. Apparently, the bears have currently won. Moreover, the horizons, to which the diagram should be reached, in order to confirm readiness for serious growth, seem incredible so far. It will be possible to talk about any intentions on the part of the bulls only after passing the $6 500 bar and continuing movement against the background of this impulse.

The opposite situation seems most likely: after the formation of bearish moisture and testing the level of $6 350, the price will push off and try to go down again. The local minimum is the level of $6 000. After it, it will be possible to make further plans, but for growth we need at least some information bases that are not expected yet.