Bitcoin BTC/USD is trading at the level of 3256. Cryptocurrency trading above the upper boundary of the clouds Ichimoku Kinko Hyo, indicating a rising trend of Bitcoin. BTC/USD is expected to fall in quotations to the level of 3175, where we can expect an attempt to growth and further development of bullish tendency on the BTC/USD with the upside near the level of 3650. An additional signal In favor of an bullish trend will perform upper boundary of the Triangle model.
Bitcoin BTC/USD prediction & analysis on August 8, 2017
Previously it received a strong signal for buying cryptocurrency Bitcoin, due to the crossing of the signal lines at the level of 2767. Cancellation option price growth Bitcoin will sample cloud base Ichimoku Kinko Hyo with closing quotations below area 2800 that indicates to replace the bullish trend in favor bearish trend. To expect the acceleration of the growth of quotations on BTC/USD stands with the breakdown of the local maximum area at the level of 3360.
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