Bitcoin BTC/USD is traded at 4094. The currency is traded within the Ichimoku Kinko Hyo Cloud, which indicates a flat trend in Bitcoin. A lower limit test is expected near the area of 3950, from which it is expected to attempt a rebound and growth with a target near the level of 4150. Earlier, a weak signal was obtained for sales of Bitcoin cryptocurrency due to the crossing of signal lines at 4050.
Bitcoin prediction & analysis BTC/USD on August 24, 2017
The abolition of the Bitcoin quotation drop will be a breakdown of the upper Cloud boundary Ichimoku Kinko Hyo with the closing of quotes above the area of 4200, which indicates a change in the flat trend in favor of an upward trend. Expect an acceleration in the growth of quotations BTC/USD stands with the breakdown of the upper boundary of the descending channel and the closing above the level of 4250.
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