The current situation is favoring Bitcoin & I personally feel that by tomorrow it will gain 200$ up.... Let's check the analysis on it.
Bitcoin BTC/USD is traded at the level of 3794. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating an bullish trend in Bitcoin. A test of the upper limit of the Cloud of the indicator near the level of 3650 is expected, from which it is expected to attempt a rebound and continue growth with the target close to 4400.
An additional signal in favor of the growth of the cryptocurrency will be a breakdown of the resistance level. Earlier, a weak signal was received for the sale of Bitcoin cryptocurrency, due to the crossing of signal lines at 3820. 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 quotes below the area of 3550, which will indicate a change in the bullish trend in favor of the bearish trend. Expect the acceleration of the growth of quotations BTC/USD stands with the breakdown of the level 4100.