Bitcoin BTC/USD is testing the area of 3270. Cryptocurrency is traded above the upper boundary of Ichimoku Kinko Hyo Cloud, which indicates the presence of an bullish trend for Bitcoin. BTC/USD is expected to drop to the level of 3000, from which it is expected to try to grow and further develop the bullish trend for BTC/USD with the target of growth near the level of 4400 in August 2017.
BITCOIN forecast & analysis BTC/USD on August 2017
Earlier, a signal of medium strength for buying Bitcoin cryptocurrency was received at the level of 2400. An additional signal in favor of the bullish trend of BTC/USD will be a test of the support area. The cancellation of the variant of Bitcoin quotations growth in August 2017 will be the breakdown of the lower boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotes below the area of 2300, which will indicate a change in the bullish trend in favor of the bearish trend. Expect to accelerate the growth of quotations on BTC/USD is with the breakdown of the local maximum area at 3400.
- BITCOIN chart online
- BITCOIN forecast & analysis
- ZCASH news & technical analysis
- LITECOIN prediction for today
- RIPPLE forecast & signals
Looking for the Best Forex Broker? We trade at RoboForex. You can receive a rebates from each trade when registering using our partner link
