BTC/USD forecast & Bitcoin analysis on June 30, 2017


Bitcoin BTC/USD is trading at the level of 2537.75. Cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Bitcoin. The test of the lower boundary of Ichimoku Kinko Hyo Cloud near the level of 2570.00 is expected, from which one should expect an attempt to fall and further develop the bearish trend on BTC/USD with the target of lowering near the level of 2310.00.

BTC/USD forecast & Bitcoin analysis on June 30, 2017

BTC/USD forecast & Bitcoin analysis on June 30, 2017

Earlier, a weak signal was received for buying of Bitcoin cryptocurrency, due to the crossing of signal lines at the level of 2460.00. The cancellation of the variant of Bitcoin quotations drop will be the breakdown of the upper boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotes above the area of ​​2660.00, which will indicate the change of the bearish trend in favor of the bullish trend. Expect to accelerate the fall in quotations on BTC/USD is with the breakdown of the local minimum area at 2380.00.


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