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Even after the massive correction last week, Bitcoin is expected to end 2017 with gains. However, the big question is whether Bitcoin can continue its sparkling run in 2018. Although there is no definitive answer, most believe that the current fix is ​​a buying opportunity because the uptrend should continue next year. Cryptocurrency Entrepreneur Julian Hosp expects Bitcoin to reach $ 60,000 next year, but he also sees cryptocurrency falling to $ 5,000 by 2018. The problem is that he is not sure which level will be reached first. Hope we will be able to predict the movements for our readers.

While cryptocurrency enthusiasts work to integrate them into dominant activities, regulators create various obstacles. This is likely to degenerate into 2018.

However, as traders, we try to take advantage of every possible situation and any cryptocurrency move. So, after embittering the Christmas celebrations, will Bitcoin give investors the opportunity to encourage New Year's Eve?

Let's see.

BTC / USD

According to our expectations, aggressive bulls bought the 50-day SMA drops. After three days of volatile trading, cryptocurrency is trying to resume its uptrend today.

<img alt=" BTC / USD "src =" http://cointelegraph.com/storage/uploads/view/b0caf20588243299728e4b8cccb470ac.png "title =" BTC / USD "/>

On December 22 and 24, the bulls aggressively bought hollows between $ 13,000 and $ 11,000, which resulted in the formation of long tails on the candlesticks.

So, for the time being, 11 $ 000 is likely to act as a short-term downside, but will the BTC / USD pair go back to the highest?

Improbable?

The downturn should make resistance in the area between US $ 118.45 and US $ 16 160.02, or 50% and 61.8% of Fibonacci retracements, suggesting a retreat towards the most recent.

level of $ 11,000 will give us a better idea of ​​the uptrend.

Nevertheless, throughout the year 2017, Bitco has always surprised us in the end to new heights after each dip. Therefore, if the price exceeds the levels of $ 16,160.02, there are chances that it retries the higher ones. However, we believe that it is unlikely to happen

ETH / USD

Although we expected the Ethereum to get support for $ 500, the strong setback surprised us. For three days, the cryptocurrency is trying to resume its uptrend.

<img alt=" ETH / USD "src =" http://cointelegraph.com/storage/uploads/view/fb2997417521335ebd042f011a31038c.png "title =" ETH / USD "/>

broke the Fibonacci retracement by 61.8 percent from the recent fall.There is a minor resistance at $ 787.89, above which a retest of highs is possible.

Bullish opinion will be invalidated if the ETH / USD falls and remains below $ 650

BCH / USD

In our previous analysis, we said that Bitcoin Cash would find support at the level of $ 1,785 and that's what happened, but we did not expect such a setback, so we did not recommend a purchase.

<img alt=" BCH / USD "src =" http: //cointelegraph.com/storage/uploads/view/2dcc268e607a641af52f4f45ea4097df.png "title =" BCH / USD "/>

After the fall on December 22, the cry ptomonnaie has entered a small range. He is facing sales around the $ 3,200 mark, while he's earning close support levels of $ 2,300.

The intraday range has narrowed since yesterday. In a few days, we believe that there will be a big movement of range. If the BCH / USD pair depreciates by $ 3,200, we expect it to go back up again, with a small resistance around $ 3,650. If, however, the digital currency falls to $ 2,300, a drop to $ 1,600 is likely

XRP / USD

Ripple plunged on December 22, but found solid support for $ 0.67. From there, it climbed 57% to close at $ 1.05398. This confirms a strong underlying demand.

<img alt=" XRP / USD "src =" http://cointelegraph.com/storage/uploads/view/4bf6ad0e1f3aeabc7f2f1ad99492a334.png "title =" XRP / USD "/>

The XRP / USD pair has been consolidated over the last three days and in the next few days we expect cryptocurrency to try to recover.Our bullish point of view will be invalidated if Ripple falls below the line support of trend

IOTA / USD

The IOTA remained in the range of $ 3.02 at the lower end and $ 5.59 at the end superior since December 6. Attempts to maintain below the supports of the range have failed.

<img alt=" IOTA / USD "src =" http://cointelegraph.com/storage/uploads/view/ The hollows below the range have risen sharply, both on the 2nd and 2nd of May. December 2 and Dec. 24

As the distribution of the range has failed, we expect bulls to push cryptocurrency up the $ 5.59 range. Our bullish position will prove to be wrong if the IOT / USD pair drops and maintains levels below $ 3,032.

LTC / USD

As Litecoin descended below support levels of $ 240 on December 2, quickly recovered and closed above this level.

<img alt=" LTC / USD "src =" http://cointelegraph.com/storage/uploads/view/cc401080aac25b435db9693d39f65bf3.png "title =" LTC / USD "/>

is currently facing resistance around 50% Fibonacci retracement levels of $ 272.6 US and we plan to sell in the $ 272.60 and $ 292,589

area. On the other hand, failure of the break above $ 300 will keep the LTC / USD pair between $ 240 and $ 300.

DASH / USD

The fall of December 22nd found support close to retracement level of 78.6% On December 24, the 20-day EMA played an important role.

<img alt=" DASH / USD "src =" http: / /cointelegraph.com/storage/uploads/view/0fb3096fae42c383a06f4ee7a50b9730.png "title =" DASH / USD "/>

For two days, the cryptocurrency has faced the brand resistance of $ 1,200 . If the bulls manage to come out and stay above this resistance, we expect a move to $ 1,338.50, the Fibonacci retracement of 61.8% from the recent fall.

Above, a new test is likely.

The DASH / USD pair will turn negative if it falls below the $ 1,000 levels

We expect volatile trading due to the holiday season. We believe that cryptocurrency markets will take a decisive step next week when traders return to work. So, please keep small sizes of allocation until then.

* Market data is provided by TradingView .