Bitcoin BTC/USD is traded at 8807. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating a bullish trend in Bitcoin. The test area of Ichimoku Kinko Hyo signal lines near the 8700 level is expected, from which it is expected to rebound and continue growing with the target close to 9300. An additional signal in favor of the growth of the cryptocurrency will be a test of the broken channel boundary.
Bitcoin prediction & analysis BTC/USD on November 26, 2017
Earlier, a weak signal was received for the buy of Bitcoin cryptocurrency due to 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 quotations below the area of 7600, which will indicate a change in the bullish trend in favor of the bearish trend. Expect to accelerate the growth of quotations BTC/USD stands with the breakdown of the upper boundary of the channel and the closing above the level of 8900.
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