Bitcoin BTC/USD is trading at 4185. Cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Bitcoin. It is expected to test the area of signal lines of the indicator near the level of 4320, from which it is expected to attempt a rebound and continue falling with the target close to 3800.
Bitcoin prediction & analysis BTC/USD on September 12, 2017
Earlier, a strong signal was received for sales of Bitcoin cryptocurrency, by crossing signal lines at the level of 4450. Canceling the variant of Bitcoin quotations will be a breakdown of the top borders Ichimoku Kinko Hyo Clouds with the closing of quotes above the area of 4550, which indicates the change of the bearish trend in favor of the bullish trend and the potential growth of quotations above the level of 5150. Expect an acceleration of the decline in quotes BTC/USD stands with a breakdown of the level of 4050.
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