Bitcoin BTC/USD is trading at the level of 2367.87. Cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Bitcoin. Bitcoin is expected to rise to the level of 2440.00, from which it is expected to try to fall and further develop the bearish trend for BTC/USD with a target to lower near the level of 2180.00.
Bitcoin BTC/USD prediction & analysis on July 13, 2017
Earlier, a weak signal was received for the sale of Bitcoin cryptocurrency, due to the crossing of signal lines at the level of 2549.00. Cancellation of the variant of Bitcoin quotations drop will be a breakdown of the upper boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotes above the area of 2480.00, which will indicate the change of the bearish trend in favor of the bullish trend. Expect to accelerate the fall in quotations on BTC/USD is with the breakdown of the local minimum area at 2240.00.
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