Bitcoin BTC/USD is trading at 8121. 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 near the 8000 level is expected, from which it is expected to rebound and continue growth with the target near 8750. An additional signal in favor of the growth of the cryptocurrency will be the test of the lower border of the uplink.
Bitcoin prediction & analysis BTC/USD on November 24, 2017
Earlier, we received a weak signal for buy to the Bitcoin cryptocurrency due to the crossing of signal lines at the level of 6350. The abolition of the variant of Bitcoin quotations growth will be the breakdown of the lower boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotes below the area of 7300, which will indicate a change in the bullish trend in favor of the bearish trend. Expect an acceleration in the growth of quotations BTC/USD stands with a breakdown of the level of 8350.
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