Analysis for 2020-06-19
Bitcoin (BTC) Bitcoin Cash forecast & analysis on July 16, 2024 The cancellation of the growth of the quotes of the cryptocurrency will be the breakdown of the lower boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotations below the area of 66.00, which will indicate a change in the bullish trend in favor of a bearish trend. Expect the acceleration of the growth of quotations BTC/USD stands with the breakdown of the resistance area and the closing above the level of 8500. Bitcoin BTC/USD is trading at 7378. The cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating a bullish trend for Bitcoin.