The bitcoin exchange rate come close to the level of 11 000$

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February 23, the Western rating agencies begin to revise Russia’s rating. Against the background of economic stability, expensive ruble and soaring oil prices is expected to raise the rating to investment grade. However, low economic growth and possible introduction of new sanctions against Russia puts the increase in the rating of the Russian Federation into question. In 2017, has not been implemented the government’s plan for economic growth by 2%. Summed up the second half, which was pretty weak for the Russian GDP and prospects are while pretty optimistic.
The dollar on the Moscow stock exchange held at the level of 56 rubles 40 kopecks, the Euro traded at around 70 rubles 5 kopecks. The MICEX index holds near 2260 points, the quotes of Brent crude oil traded above $ 65 per barrel. Bitcoins according to CoinMarketCap crept close to $ 11,000 per unit.
What really grows well, so is the bitcoin exchange rate which has almost doubled from its lowest level reached this year. The current rise comes amid new year celebrations in China and the absence of any significant news able to support the most popular cryptocurrencies.
We have previously pointed out a very important band for bitcoin’s 10000 -12000 dollars. Now, the cryptocurrency has again stuck in this range and the exit from it will determine further prospects. I want to be as objective as possible, and we believe in the technology of the blockchain, and the growth prospects of cryptocurrency, but the current technical picture still a few more features to the depreciation of bitcoin. It is therefore possible that the current rapid growth of the main cryptocurrency is a good opportunity to close previously accumulated positions at the purchase.
Gleb Zadoya,
The head of the analytical Department of the company,