Bitcoin BTC/USD is trading at the level of 2575.61. Quotes of the cryptocurrency were able to penetrate the lower border of the bullish channel. That indicates a possible continuation of the fall of BTC/USD in the area below the level of 2320. It is worth to expect an attempt of correction in the region of 2600, where again it is expected to decrease the cryptocurrency.
Bitcoin technical analysis & signals on June 26, 2017
In favor of the fall will come a tight test of the bearish trend line on the indicator of relative strength index (RSI). The abolition of the option of decreasing quotations of Bitcoin will be a strong growth and breakdown of the area of 2710, which will indicate the continued growth. Expect to accelerate the decline is with the breakdown of the level of 2500.
Looking for the Best Forex Broker? We trade at RoboForex. You can receive a rebates from each trade when registering using our partner link
