Bitcoin BTC/USD is trading at 19041. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating a bullish trend in Bitcoin. Ichimoku Kinko Hyo signal line area test is expected near the 18100 level, from which it is expected to rebound and try to continue growth with the target near 21800.
Bitcoin forecast & analysis BTC/USD on December 18, 2017
Earlier, a strong signal was received for buy of Bitcoin cryptocurrency due to crossing of signal lines at 15200 level. the breakdown of the lower boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotations below the area of 15600, which indicates the change of the bullish trend in favor of a bearish trend. Expect to accelerate the growth of quotations BTC/USD stands with a breakdown of the level of 19400.
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