Bitcoin BTC/USD is trading at 4444. The currency is trading above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating an bullish trend in Bitcoin. A 4285 test is expected, from which it is expected to try to grow and further develop the bullish trend for BTC/USD with a target near the level of 4830.
Bitcoin prediction & analysis BTC/USD on August 18, 2017
Earlier, a strong signal was received for buying of Bitcoin cryptocurrency due to the crossing of signal lines at 3250. The abolition of the growth of Bitcoin will be the breakdown of the lower boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotes below the area of 3750, which indicates a change in the bullish trend in favor of the bearish trend. Expect to accelerate the growth of quotations is with the breakdown of the upper boundary of the bullish channel.
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