Bitcoin BTC/USD is trading at 3898. 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 the signal lines of the indicator near the 4000 level, from which it is expected to attempt a rebound and continue the fall with the target near 3650. An additional signal in favor of the drop of the cryptocurrency will be a test of the resistance area.
Bitcoin prediction & analysis BTC/USD on September 14, 2017
Earlier, a strong signal was received for the sale of Bitcoin cryptocurrency, due to the crossing of signal lines at 4450. The cancellation of the variant of Bitcoin quotations drop will be the breakdown of the upper boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotations above the area of 4450, which will indicate a bearish trend in favor of the bullish trend. Expect the acceleration of the fall in quotations BTC/USD stands with a breakdown of the level of 3850.
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