Cryptocurrency Bitcoin BTC/USD is trading at the level of 2564.60. The Cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend over Bitcoin. The test of the Ichimoku Kinko Hyo Cloud boundary is expected near the level of 2656, from which one should expect an attempt to drop and develop a bearish trend over Bitcoin in order to decrease near the level of 2230.00.
Bitcoin forecast BTC/USD on June 20, 2017
Earlier, a weak signal was received for the buying of Bitcoin cryptocurrency, due to the crossing of signal lines at 2446.00, but it is worth trying only with the breakdown of area 2590. Cancellation of the variant of the cryptocurrency fall will be a breakdown of the upper boundary of Ichimoku Kinko Hyo Cloud with the closing of quotes above 2585, which Will indicate a change in the bearish trend in favor of the bullish trend. Expect to accelerate the fall in quotes BTC/USD is with the breakdown of the local minimum area at 2355.
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