Bitcoin BTC/USD is traded at 9543. 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 9150, from which it is expected to rebound and continue growth with the target close to 10250.
Bitcoin prediction & analysis BTC/USD on November 28, 2017
Earlier, a weak signal was received for 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 a breakdown the lower boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotes below the area of 7850, which indicates the change of the bullish trend in favor of a bearish trend. Expect the acceleration of the growth of quotations BTC/USD stands with the breakdown of the upper boundary of the channel and the closing above the level of 9650.
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