Bitcoin BTC/USD is closing the trading week near the 4781 area. Cryptocurrency is trading above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating an bullish trend in Bitcoin. A test of the signal line area near the 4500 level is expected, from which it is expected to attempt a rebound and continue growth with the target near the level of 5400.
Bitcoin weekly forecast on September 4 — 8, 2017
An additional signal in favor of the growth of the cryptocurrency will be a test of the lower border of the uplink, and a test of the support area. Earlier, a medium strength signal was obtained for the buying of Bitcoin cryptocurrency, by crossing the signal lines at 2350. The abolition of the Bitcoin quotation growth scenario will be a breakdown at level 3850, indicating a potential test of the upper boundary of the Ichimoku Kinko Hyo Cloud. Expect an acceleration in the growth of quotations BTC/USD stands with a breakdown of the level of 4900.
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