Bitcoin forecast for August 10, 2018, BTC/USD exchange rate analysis

Now, when you write a prediction on Bitcoin 10.08.2018, quotes of “black gold” are on the mark 6470.The Bitcoin exchange rate bounced off the lower border of the channel, and cheerfully so appeared in its middle. And all this is within the downward trend.

Bitcoin quotes are below the Ichimoku Kinko Hyo cloud, which indicates a downward trend in BTC / USD. The same guess is confirmed by the signal lines of the Ichimoku indicator. The red fast line of the indicator is below the slow blue. The intersection, and therefore the signal to sell, occurred at the end of July, at the rate of Bitcoin 8100.

Bitcoin forecast for August 10, 2018, BTC/USD exchange rate analysis

The resistance level for the Bitcoin exchange rate is 6640. This is the blue line of the Ichimoku indicator. Then follows the upper limit of the descending channel-6740.
The support level is 6130. This is the lower boundary of the channel.

In order for the trend of Bitcoin to change to a downward one, it is necessary that the cryptocurrency rate is fixed at least below 6000.

thus, bitcoin’s BTC / USD forecast for August 10 suggests a decline in the Bitcoin rate below the 6100 mark. However, it is not excluded that the rollback, with the goal above 6600.

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