Bitcoin BTC/USD completes the trading week near area 4349. Cryptocurrency is traded above the upper boundary of Ichimoku Kinko Hyo Cloud, which indicates an bullish trend in Bitcoin. It is expected to test the area of signal lines near level 4160, from which it is expected to attempt a rebound and continue growth with the target near the level of 5100.
Bitcoin weekly forecast on August 28 — September 1, 2017
An additional signal in favor of the growth of the cryptocurrency will be a test of the lower border of the uplink. A medium strength signal for buying Bitcoin cryptocurrency due to the crossing of signal lines at the level of 2350. The cancellation of the variant of growth of quotations of Bitcoin will be a breakdown of the level 4000, which indicates a potential test of the upper boundary of the Cloud of Ichimoku Kinko Hyo. Expect to accelerate the growth of quotations BTC/USD stands with a breakdown of the level of 4500.
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