Bitcoin forecast for July 23, 2018

Early in the morning of 23.07.2018 bitcoin BTC/USD quotes are at 7630. The Bitcoin exchange rate increased to$ 200 for the night. And not only Bitcoin, but all other cryptocurrencies have grown.

Bitcoin quotes are above the Ichimoku Kinko Hyo cloud, which indicates an upward trend in the cryptocurrency. The signal lines of the indicator also show up. After a short pause, the red fast signal line again crossed the blue slow line from the bottom up (today at 7460).

Bitcoin forecast for July 23, 2018

The support level is 7220. This is the upper limit of the ascending channel.
Resistance – 7690. This is the previous local maximum. The next resistance level will be 7880.

We expect the Bitcoin exchange rate to continue growing today, July 23. However, a short-term rollback to the 7220 support area cannot be ruled out.

Thus, BTC/USD bitcoin exchange rate forecast for July 23 assumes the continuation of the cryptocurrency rate, with a target above 7777.