Bitcoin BTC/USD is trading at the level of 2520.62. Quotes of the cryptocurrency demonstrate an attempt at growth. A tight test of the resistance area is expected at the level of 2610, where again we should expect the rebound and drop of quotations of Bitcoin in the area below the level of 2450. In favor of the fall of the cryptocurrency, a resistance line test will be performed on the indicator of relative strength index (RSI).
Bitcoin technical analysis & signals on June 29, 2017
The abolition of the BTC/USD downgrade option will be the breakdown of the upper bound of the «Triangle» model, which indicates that the growth will continue to the area above the level of 3000. Bitcoin technical analysis & signals on June 29, 2017 suggests a resistance level test near the 2610 area, cancellation of the fall will be a breakdown of the level of the upper boundary of the «Triangle» model.
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