Bitcoin exchange rate forecast for October 23, 2018

The price of Bitcoin continues to move within the marked corridor, with a sluggish intensity showing that one also does not have to wait for significant changes from the next day. Volumes do not increase; no events are planned on the economic calendar. It remains to wait for at least some games from large investors and count on the implementation of the previous scenario with slow growth.

Count on the revival of an uptrend allows exactly the vertical rise of last week. After him, the line of resistance has become a support bar, and this is a sign of growth. This frontier of principle has already shown: after the breakdown of the lower triangle bar, its price was probed several times already from above, and failed to break through. Growth, which began at the moment, also received impetus at this level. Moreover, this position over the triangle seems to be quite confident, although with regard to the Ishimoku cloud and the previously identified corridor, nothing fundamentally changed. Since there are no other grounds for calculations, one has to be content with these weak signals or guess on a whim.