BITCOIN BTC/USD is trading at the level of 2631.49. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating an bullish trend in BITCOIN. The Ichimoku Kinko Hyo Cloud upper boundary test is expected near the level of 2600.00, from which one should expect an attempt to grow and develop the bull trend over BITCOIN with a view to growth near the level of 2850.00.
BITCOIN forecast & analysis on June 25, 2017
Earlier, a weak signal was received for buying of BITCOIN cryptocurrency, due to crossing of signal lines at the level of 2446.00. The cancellation of the variant of the growth of the cryptocurrency quotations will be the breakdown of the lower boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotations below the area of 2380.00, which will indicate a change in the bullish trend in favor of the bearish trend. Expect to accelerate the growth of quotations BTC/USD stands with the breakdown of the local maximum area at 2800.00.
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