Bitcoin BTC/USD is traded at 3409. Сryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating an bullish trend in Bitcoin. BTC/USD is expected to fall in quotations in the area of the upper boundary of the clouds Ichimoku Kinko Hyo near the level of 3100, where we can expect an attempt to growth and further development of bullish tendency on the BTC/USD with the upside near the level of 3800.
Bitcoin prediction & analysis BTC/USD on August 11, 2017
An additional signal test support area will act in favor of the growth of quotations. Previously received a strong signal for buying cryptocurrency Bitcoin, due to the crossing of the signal lines at the level of 2767. Cancellation option Bitcoin growth of quotations will sample Cloud Ichimoku Kinko Hyo with closing quotations below area 3050, which indicates the change in the bullish trend in favor bearish. Expect to accelerate the growth of quotations on BTC/USD is with the breakdown of the local maximum area at 3500.
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