Bitcoin BTC/USD is traded at the level of 4455. The currency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating an bullish trend in Bitcoin. Expected to test the upper boundary of the Cloud of the indicator near the level of 4450, from which it is expected to attempt a rebound and continue growth with the target near 4890.
Bitcoin prediction & analysis BTC/USD on September 5, 2017
An additional signal in favor of the growth of the cryptocurrency will be a test of the support area. Earlier, a strong signal was received for the sale of Bitcoin cryptocurrency due to the crossing of the signal lines at 4710. Canceling of the Bitcoin quotation growth scenario will be the breakdown of the Ichimoku Kinko Hyo Cloud lower boundary with the closing of quotes below the area of 4350, which indicates a shift in the bullish trend in favor of the bearish trend. Expect an acceleration in the growth of quotations BTC/USD stands with a breakdown of the level of 4650.
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