BITCOIN BTC/USD is trading at the level of 2704.44. Cryptocurrency continues to trade above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating an upward trend in BITCOIN. The drop in the price of the cryptocurrency is expected near the level of 2620.00, from which we should expect an attempt to grow and develop the bull trend on Bitcoin with the target of growth near the level of 2900.00.
BITCOIN forecast BTC/USD on June 24, 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 quotes 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 the level of 2850.00.
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