Bitcoin BTC/USD is trading at the level of 3626 and continues to move as part of the decline. The capitalization of a digital asset at the time of publication of analysts is $62 633 830 367. This shows an increase in comparison with the previous value, which was at the level of $62 287 807 960.

BTC/USD quotes are trading below the lower limit of the Ichimoku Kinko Hyo Cloud. This indicates a downward trend. As part of the Bitcoin Forecast and Analysis BTC/USD January 15, 2019. A test of the Ichimoku Kinko Hyo signal lines is expected near the level of 3750. Where should we expect a rebound and an attempt to continue the growth of Bitcoin cryptocurrency with a potential target of 3300.

Bitcoin Forecast and Analysis BTC/USD January 15, 2019

In favor of the fall of BTC/USD cryptocurrency quotes, a test of the resistance area will come out. Earlier, a strong signal was received for SELL the Bitcoin cryptocurrency. The signal was formed due to the intersection of signal lines at the level of 3660. The nearest resistance area is located at the level of 3800. The Bitcoin support area is located at the level of 3500.

Bitcoin Forecast and Analysis BTC/USD January 15, 2019

Canceling the option of falling Bitcoin quotes will be a breakdown of the upper boundary of the Ichimoku Kinko Hyo Cloud with the closure of quotes above the 3950 area. This option will indicate a change in the downward trend in favor of an upward trend and continued growth of the Bitcoin rate. Expect to accelerate the fall of BTC/USD quotes with the breakdown of the lower boundary of the channel and closing below the area of ​​3450.

Bitcoin Forecast and Analysis BTC/USD January 15, 2019 implies an attempt to increase cryptocurrency and a resistance level test near the 3750 area. Where can we expect the Bitcoin to continue to fall with a potential target near the 3300 level. Cancellation of the fall option will be a strong growth and breakdown of the 3950 area This will indicate continued growth with a potential target above 4200.