Not much changed regarding dynamic of bitcoin quotations increase. Exchange rate continues to move up, which established newest highs in 19,000 USD area. Reaching 20,000 USD level before Christmas seems to be very likely scenario.
From M30 time frame point of view we can designate local support level in 17,000 USD area which is localized on the basis of last broken peaks. Correction close to this level could be a good situation to take a postion according to upward trend at a better price.
In 17,000 USD area I also appointed by accelerated trend line of bullish trend which confirms possibility of price rebound and termination of correction movement.
