Bitcoin BTC/USD is trading at 3770. Cryptocurrency trading above the upper boundary of the clouds Ichimoku Kinko Hyo, indicating a bullish trend of Bitcoin. BTC/USD is expected to fall in the area of the signal lines Ichimoku Kinko Hyo indicator near the level of 3580, 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 4050.
Bitcoin forecast & analysis BTC/USD on August 13, 2017
An additional signal in favor of the growth of quotations will make the lower boundary of the bullish channel test. Previously received a strong signal for buying cryptocurrency Bitcoin, due to the crossing of the signal lines at the level of 3250. Cancellation option Bitcoin growth of quotations will sample cloud base Ichimoku Kinko Hyo with closing quotations below area 3200 that indicates to replace the bullish trend in favor bearish. Expect an acceleration in the growth of quotations on BTC/USD is with the breakdown of the upper boundary of the bullish channel.
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