Bitcoin BTC/USD is trading at the level of 2688.51. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates the existence of a bullish trend over Bitcoin. Ichimoku Kinko Hyo Cloud is expected to test near the level of 2580, from which one should expect an attempt to grow and develop the bullish trend on Bitcoin for the target of growth near the level of 2930.
Bitcoin forecast BTC/USD on June 22, 2017
Earlier we received a weak signal for the Bitcoin cryptocurrency buying by crossing the signal lines at 2446.00. Cancellation of the variant of the growth of the cryptocurrency quotes will be a breakdown of the lower boundary of the Cloud of Ichimoku Kinko Hyo with the closing of quotes below the level of 2470, 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.
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