Bitcoin BTC/USD is trading at the level of 2373.24. The Ichimoku Kinko Hyo Cloud broke through the сryptocurrency and began to trade below its lower limit, indicating a bearish trend in Bitcoin. The Ichimoku Kinko Hyo Cloud lower limit test is expected near the level of 2450.00, from which one should expect an attempt to fall and develop a bearish on BTC/USD with a target to lower near the level of 2170.00.
Bitcoin BTC/USD prediction & analysis on June 28, 2017
Earlier, we received a weak signal for sales of Bitcoin cryptocurrency, due to crossing of signal lines at the level of 2680.00. The cancellation of the variant of Bitcoin quotations drop will be the breakdown of the upper boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotes above the area of 2640.00, which will indicate the change of the bearish trend in favor of the bullish trend. To expect the acceleration of falling quotes on BTC/USD stands with the breakdown of the local minimum area at the level of 2250.00.
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