Bitcoin BTC/USD is trading at the level of 2583.60. Cryptocurrency is traded within the Ichimoku Kinko Hyo Cloud, which indicates the presence of a flat trend over Bitcoin. Bitcoin is expected to fall to the lower boundary at the level of 2465.00, from which it is expected to attempt an increase in BTC/USD for the target near the upper boundary of the Ichimoku Kinko Hyo Cloud at 2535.00.
Bitcoin BTC/USD prediction & analysis on July 9, 2017
Earlier, we received a weak signal for sales of Bitcoin cryptocurrency, due to the crossing of signal lines at the level of 2550.00. The cancellation of the variant of Bitcoin quotations growth will be the breakdown of the lower boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotations below the area of 2440.00, which will indicate the continued decline in quotations. Expect the continuation of the growth of quotations BTC/USD stands with the breakdown of the upper boundary of the Ichimoku Cloud and the closing above the level of 2570.00.
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