Bitcoin exchange rate today unexpectedly passed level of $ 4,000
Stock Markets Group – bitcoin exchange Rate after a sharp surge to the psychological level of $ 4,000, this morning unexpectedly turned down.
At the time of this writing, the price of Bitcoin other cryptocurrencies including reduced, while the main digital asset fell by 1.11% and reached the mark of $ 3930.
Cryptocurrency of the top 10 also went into a deep disadvantage. So the Bitcoin Cash rate has fallen by 4.97% and reached the mark 140.17, the price of Ripple has gone down to 3.9% and is close to 0.302 dollar, the value of Ethereum falls to 3.05% and approached the level of $ 144.81, and the rate Bitcoin Gold decreased by 6.01% and for one coin on cryptomeria offer $ 12.
Market capitalization of crypto-currencies today is 122 193 billion.
Chart bitcoin/dollar indicates a profit-taking market participants and a decrease in quotations. The first goal for sellers is support, passing at 3800 dollars. There goes the moving average, which is an additional supportive factor for BTC.
Technically, the fall of bitcoin is justified, since after the first test the level of 4000$, the price should be reduced slightly in preparation for the next surge.
Kurs bitcoin dollar will soar above $ 4200
Meanwhile, economist and analyst Alex Kruger expects that the price of Bitcoin started to grow and will go beyond current psychological mark. This scenario is possible if the quotes will overcome 4200 dollars in the coming weeks.
He also said that, given the fact that the chart of BTC/USD formed a bottom, the price has growth potential.
This opinion is shared by the head of the Three Arrows Capital su Zhu, adding that the market now has enough capital in order to provoke a major rally is able to send bitcoins from 10 000 to 20 000 dollars.
In General, our view on the cryptocurrency market were favorable conditions for the development of proper growth of the most popular digital asset.
Market analyst cryptocurrency
Stock Markets Group™