Bitcoin BTC/USD is trading at the level of 2757.65. The Ichimoku Cloud of Kinko Hyo broke through the cryptocurrency and began to trade above its upper limit, indicating an upward trend in Bitcoin. The Ichimoku Kinko Hyo Cloud upper boundary test is expected near the level of 2700.00, from which one should expect an attempt of growth and further development of the bullish trend for BTC/USD with a target to growth near the level of 3070.00.
Bitcoin forecast & analysis BTC/USD on July 29, 2017
Earlier, a medium strength signal was received for the sale of Bitcoin cryptocurrency, due to the crossing of signal lines at the level of 2592.00. The cancellation of the variant of Bitcoin quotations growth will be the breakdown of the lower boundary of the Ichimoku Kinko Hyo Cloud with thehttps://forex24.pro/wp-admin/post-new.php closing of quotes below the area of 2470.00, 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 the level of 3000.00.
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