Bitcoin exchange rate: Expert warns of global change
Stock Markets Group – the exchange Rate of bitcoin continues recovery after deep dives to month low $ 9,300.
Currently the most popular cryptocurrency is on the mark 10920 dollars adding in the price of 3.55%. The last two days the Bitcoin price steadily goes up to around $ 11,000, and most experts believe that now is a good time to buy.
So John Kolovos who is the chief technical analyst of firm Macro Risk Advisors, in an interview with Bloomberg, said that now the exchange rate of bitcoin will be subject to normal correction and not a change of the uptrend.
Speaking about the future prospects of bitcoin, he said that in the current situation, stabilize the price of BTC should be sought somewhere between 8500 and 9000 dollars.
In his analysis he sees serious prospects of popular asset to establish a new high.
“The exchange rate of bitcoin moves up in the long-term trend and is able to return to his old records near the mark of $ 20,000. That is why investors need to pay attention to the mark of $ 8,500 and redeem kickbacks cryptocurrency”
Characteristic in the last days it becomes a trend where bitcoin makes the roll and after, repeatedly goes up. This is a clear sign of high potential and dalneishego value growth.
Moreover, the earlier it has been observed just before setting a new historical record cryptocurrency.
Most of the tokens of the top ten also rushed up.
So the Bitcoin exchange rate Cash grew by 8.5% is 336 dollars, the price of Ripple soared to 4.91% and reached the level of 0.336 dollars, the cost of Ethereum gained 5.02% and is close to 232 USD and Bitcoin exchange rate to Gold at the moment appreciated by 7.84%, and for one coin on cryptomeria offer $ 28.
Total market capitalization of bitcoin at the moment is 194 948 billion.
Online rate graph bitcoin/USD continues to point to upward movement of a digital asset in the global growth.
Despite the fact that the market has experienced a serious outflow of capital in the period of drop, buyers rush again to open long positions on bitcoin.
Technically currently, all factors point to the growth rate of a digital asset in the short term, and our recommendation today is to buy.
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Stock Markets Group