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$BTCUSD . Bitcoin needs to trade above $490

Bitcoin trading below kumo.
Bitcoin trading below kumo.

 

Bitcoin, $BTCUSD , is currently trading below the kumo and is in bearish territory.

The leading kumo shows that it is flattening; suggesting that it may consolidate around this level.

For $BTCUSD to be bullish, it needs to break above US$490 above the kumo.

 

 

 

By iam802

Trend trading with Ichimoku