Bitcoin BTC/USD is trading at 8515. The cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bullish trend for Bitcoin. Ichimoku Kinko Hyo Cloud is expected to test near the 8100 level, from which it is expected to rebound and try to continue growth with the target at 10,000. Earlier, a strong signal was received to buy Bitcoin cryptocurrency, by crossing the signal lines at 8325 level.
Bitcoin forecast & analysis BTC/USD on February 14, 2018
The cancellation of the variant of Bitcoin quotations growth will be the breakdown of the lower boundary of the Cloud of Ichimoku Kinko Hyo with the closing of quotations below the 7400 area, which will indicate the change of the bullish trend in favor of the bearish trend. Expect the acceleration of the growth of quotations BTC/USD is with the breakdown of the resistance level and the closing above the level of 9300.
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