Bitcoin weekly forecast on September 11 — 15, 2017


Bitcoin BTC/USD completes the trading week near the area of ​​4653. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating an upward trend in Bitcoin. A test of the signal line area near the 4400 level is expected, from which it is expected to attempt a rebound and continue growth with the target near the level of 5400.

Bitcoin weekly forecast on September 11 — 15, 2017

Bitcoin weekly forecast on September 11 — 15, 2017

An additional signal in favor of the growth of the cryptocurrency will be the test of the lower boundary of the uplink. Earlier, a medium strength signal was obtained for the buying of Bitcoin cryptocurrency, by crossing the signal lines at 2350. The cancellation of the Bitcoin quotation growth scenario will be a breakdown at level 3900, which indicates a potential test of the upper boundary of the Ichimoku Kinko Hyo Cloud and the continuation of the decline. Expect to accelerate the growth of quotations BTC/USD is with a breakdown of the level of 4900.


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