Bitcoin BTC/USD is trading at 2481. The currency is traded within the Ichimoku Kinko Hyo Cloud, which indicates a flat trend in Bitcoin. BTC/USD is expected to drop to the level of 2400, from which it is expected to try to grow and further develop the bullish trend for BTC/USD with a target to rising near the level of 2650.
Bitcoin BTC/USD prediction & analysis on July 27, 2017
Earlier, a weak signal was received for sales of Bitcoin cryptocurrency due to the crossing of signal lines at 2750 level. An additional signal in favor of the bullish trend will be a test of the support area. The cancellation of the variant of Bitcoin quotations growth will be the breakdown of the lower boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotations below the area of 2350, which will indicate a change in the trend in favor of a bearish trend.
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