Bitcoin forecast for today 28 September 2018

Right now, on the morning of 28.09.2018, Bitcoin quotes are at 6740.

The BTC/USD rate has risen in recent days, broke the Ichimoku Kinko Hyo cloud, and is now above it. Signal lines of the Ichimoku indicator also lined up in the position to buy Bitcoin. The red fast signal line broke through the blue slow from the bottom up.

Bitcoin forecast for today 28 September 2018

The resistance level for the Bitcoin exchange rate at the moment is the previous maximum of the BTC/USD price – 6800.

The support level is the upper limit of the Ichimoku cloud – 6630.

The Bitcoin price chart clearly shows the uptrend. The current support level (rollback level) is higher than the previous one.

We expect further growth of Bitcoin exchange rate, with the target above 7000. However, we expect a short-term rollback to the support area before that.

Thus, Bitcoin’s forecast for September 28 suggests a short-term rollback and continuation of the upward trend for BTC/USD, with a target above 7000 dollars for Bitcoin.