Bitcoin continues to fall, but the level of $10,000 must resist

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The bitcoin exchange rate on March 6, 17:12 GMT, according Libertex, decreased by 5.2% to 10,875 thousand dollars 11,470 thousand at 18:00 GMT on March 5. The most famous cryptocurrency in the course of today’s trading adjusted downward, pausing for a while at the support level at 11.3 thousands of dollars, and then falling below 11 thousand.
The market capitalization of bitcoin 17:18 MSK was about of 184.8 billion vs billion 194,2 18:00 GMT on March 5.
Western European stock markets in the second half increased by less than 1 percent. Correction takes place on the background of reducing the risk of trade wars associated with the possible introduction of import duties in the United States for steel and aluminum.
Index to Masuri 17:22 GMT on the same is increased from the start of trading at 0.1% to 2,312 points, we expect that in the next session, the indicator will fluctuate in the range 2255-2370 points. The RTS index gained 0.8% to 1,289 points and the next auction is likely to fluctuate in the corridor 1270-1305 points.
The dollar by 17:25 GMT added since the beginning of the session of 0.2% to 56.5 against the ruble the ruble, while the Euro rose in price by 0,6% to 70 rubles. In the next session, the U.S. currency will fluctuate in the range of 56-57 rubles, Euro – in the hallway of 69.4-70.6 per ruble.
As for bitcoin, that level of support in the current correction should be a core mark of 10 thousand dollars.
From the news it is interesting to note that global companies in the course of the ICO for the month (from 18 January to 18 February) raised approximately 1,193 billion. The portal TokenData calculated, the total amount of ICO remains more than $ 1 billion for the third month in a row.
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Ivan Marchena,
Analyst
Forex Club