Crypto currency Bitcoin BTC/USD is trading at the level of 2784.60. Crypto currency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating an bullish trend in Bitcoin. The Ichimoku Kinko Hyo Cloud upper limit test is expected near the level of 2695.00, from which one should expect an attempt to grow and develop the bull trend along Bitcoin near the level of 2980.00.
BTC/USD forecast Bitcoin on June 13, 2017
Earlier, a strong signal was received for the buying of crypto currency Bitcoin, due to crossing of the signal lines at the level of 2743.00. The cancellation of the variant of Bitcoin quotations growth will be the breakdown of the lower boundary of the Cloud of Ichimoku Kinko Hyo with the closing of quotes below the area of 2500.00, which will indicate the change of the bullish trend in favor of the bearish trend. Expect to accelerate the growth of quotations on BTC/USD is with the breakdown of the local maximum area at the level of 2930.00.
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