Bitcoin BTC/USD is trading at 6352 and continues to move as part of growth. Cryptocurrency is trading above the upper limit of the Ichimoku Kinko Hyo Cloud, which indicates an uptrend. As part of the Bitcoin prediction & analysis BTC/USD November 4, 2018, a test of the upper limit of the Ichimoku Kinko Hyo Cloud is expected near the level of 6320. Where can we expect a rebound and an attempt to continue the growth of Bitcoin cryptocurrency with a potential goal of 6500.
Bitcoin prediction & analysis BTC/USD November 4, 2018
In support of the growth of BTC/USD cryptocurrency quotes, the support area test will come out. Earlier, a weak signal was received for BUY the Bitcoin cryptocurrency, due to the crossing of signal lines at the level of 6310.
Cancellation of the growth option of Bitcoin quotes will be the breakdown of the lower border of the Ichimoku Kinko Hyo Cloud with the closing of quotes below the 6250 area. This option will indicate a change in the upward trend in favor of the downward trend and the continuation of the fall of the Bitcoin rate. Expect confirmation of the growth of BTC/USD quotes with the breakdown of the upper boundary of the downward channel and closing above the level of 6400.
Bitcoin prediction & analysis BTC/USD November 4, 2018 involves an attempt to correct cryptocurrency and test the support level near the area of 6320, where you can expect Bitcoin to continue to grow with the potential target near the level of 6500. that would indicate a continued decline.