Bitcoin BTC/USD is trading at 3944. Cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Bitcoin. A test of the lower boundary of the Cloud of the indicator near the level of 3950 is expected, from which it is expected to attempt a rebound and continue falling with the target close to 3200. An additional signal in favor of the fall of the cryptocurrency is the test of the resistance area.
Bitcoin prediction & analysis BTC/USD on September 19, 2017
Earlier, a weak signal was received for the buying of Bitcoin cryptocurrency due to the crossing of the signal lines at the level of 3610. 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 4150 area, which will indicate a bearish trend in favor of the bullish trend. Expect the acceleration of the fall in quotes BTC/USD stands with a breakdown of the level of 3500.
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