Bitcoin BTC/USD is trading at the level of 15172. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating a bullish trend in Bitcoin. Ichimoku Kinko Hyo Cloud is expected to be tested near the 15000 level, from which it is expected to rebound and try to continue growth with the target near 18700.
Bitcoin forecast & analysis BTC/USD on December 28, 2017
Earlier, a weak signal was received for buy of Bitcoin cryptocurrency due to crossing of signal lines at 13450 level. The cancellation of the growth will be the breakdown of the lower boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotes below the area of 13000, which indicates a change in the bullish trend in favor of a bearish trend. Expect the acceleration of the fall in quotations BTC/USD stands with a breakdown of the level of 16500.
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