Bitcoin forecast for August 13, 2018, BTC/USD exchange rate analysis

Bitcoin forecast for 13.08.2018 is written at the rate of Bitcoin 6340.

BTC/USD quotes are below the Ichimoku cloud, which indicates a downward trend in Bitcoin. The signal lines of the Ichimoku indicator now also show down. The red fast signal line is below the blue slow line. The red line crossed the blue from top to bottom in late July, at the rate of 8200.

The support level is 6000. Please note that some unknown force does not let the Bitcoin rate below. And, not for the first time.
Resistance level-the upper limit of the channel-6450. Then follows the lower boundary of the Ichimoku cloud (6500).

Bitcoin forecast for August 13, 2018, BTC/USD exchange rate analysis

In fact, now, with some small changes, what we described in the August forecast is happening. If the Bitcoin exchange rate will not be able to overcome the support – it will start to grow. The downward trend will be officially broken.

We believe that the attempt to test the level of 6000 Bitcoin can do short-term pullback.

Thus, Bitcoin’s forecast for August 13 suggests a short-term rollback to the resistance area of 6500.

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