Bitcoin BTC/USD is trading at cryptocurrency 3839. Cryptocurrency trading below the cloud base Ichimoku Kinko Hyo, indicating that the bearish trend of Bitcoin. A lower boundary test near the 3900 area is expected, from which it is expected to attempt a fall with a target near the level of 3350. An additional signal in favor of a drop may come from the resistance area test.
Bitcoin forecast & analysis BTC/USD on August 23, 2017
Previously received a weak signal for Bitcoin cryptocurrency sales, due to the crossing of the signal lines at the level of 4050. Cancellation option Bitcoin fall of quotations will sample cloud tops Ichimoku Kinko Hyo with closing quotations above the area 4200 that will indicate the shift bearish trend in favor of the bullish trend. Expect the acceleration of falling quotes is with the breakdown of the level of 3560.
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