Bitcoin BTC/USD is trading at the level of 2418.60. Cryptocurrency continues to trade below the Ichimoku Kinko Hyo cloud level, which indicates a bearish trend over Bitcoin. A test of the level of 2520.00 is expected, from which one should expect an attempt to drop and develop a bearish trend over Bitcoin in order to reduce near the level of 2100.00.
BTC/USD forecast Bitcoin on June 17, 2017
Earlier, we received a weak signal for sales of cryptocurrency Bitcoin, due to crossing of the signal lines at the level of 2741.00. The cancellation of the variant of falling of the Crypto currency quotations will be the breakdown of the upper boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotes above the area of 2765.00, which will indicate a change in the bearish trend in favor of the bullish trend. Expect to accelerate the fall in quotations BTC/USD stands with the breakdown of the local minimum area at 2210.00.
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