Cryptocurrency Bitcoin is trading at 4171. Quotes of BTC/USD continue to move below the moving average level, which indicates the development of a bearish trend. At the moment, we should expect a test of the moving average area near the level of 4275 and the continuation of the decrease of Bitcoin quotations to below the level of 3945.
Bitcoin BTC/USD forecast for today September 13, 2017
An additional signal in favor of the Bitcoin drop will be the test of level 80 on the Stochastic indicator, which will form a strong signal for sales of cryptocurrency. The cancellation of the variant of falling quotations of BTC/USD will be a strong growth and breakdown of the area of 4450, which will indicate the continued growth of the cryptocurrency. With the breakdown of the local minimum level and the closing of quotations below the 4050 area, we should expect an acceleration in the development of the bearish trend.
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