Bitcoin BTC/USD is trading at the level of 16580. Cryptocurrency is trading above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating a bullish trend in Bitcoin. Ichimoku Kinko Hyo signal line area near the 15900 level is expected to be near the level of the rebound and attempt to continue growth with the target close to 18900.
Bitcoin forecast & analysis BTC/USD on December 13, 2017
Earlier, a strong signal was received for buy Bitcoin cryptocurrency due to crossing of signal lines at the level of 15200. By canceling the growth scenario of Bitcoin quotations, breakdown of the lower boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotations below the area of 14000, which indicates the change in the bullish trend in favor of a bearish trend. Expect the acceleration of the growth of quotations BTC/USD stands with a breakdown of the level of 17500.
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