Bitcoin BTC/USD is traded at 8018. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating a bullish trend in Bitcoin. Ichimoku Kinko Hyo signal line area test is near the level of 7820, from which it is expected to rebound and continue growth with the target close to 8650.
Bitcoin prediction & analysis BTC/USD on November 21, 2017
Earlier, a weak signal was received for buy of Bitcoin cryptocurrency due to crossing of signal lines at the level of 6350. The cancellation of the variant of Bitcoin quotations growth will be a breakdown the lower boundary of the Cloud Ichimoku Kinko Hyo with the closing of quotes below the area of 6750, which indicates the change in the bullish trend in favor of a bearish trend. Expect an acceleration in the growth of quotations BTC/USD stands with a breakdown of the level of 8150.
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