The price of Bitcoin will continue to rise in the next few days can reach 13 000$
Stock Markets Group – the exchange Rate of bitcoin, the most popular cryptocurrency in the last 24 hours re-crossed the mark of 10 000$ and was able to successfully gain a foothold above.
Market capitalization of crypto-currencies reached $ 500 billion, indicating an influx of new buyers, and interest from institutional investors returning to the cryptocurrency market.
At the moment the major exchanges show the following values of value of bitcoin:
Bitstamp – $10 830.25 (+6.22%)
Bitfinex – $10 782 (7.3%)
Coinbase – $10 828 (6.15%)
The market capitalization of bitcoin at the moment is $183.4 billion.
During the last day recorded maximum activity in the cryptocurrency markets this year that most likely will become a new impetus to continue the increase in the price of Bitcoin next week.
The bitcoin exchange rate and news
Support bitcoin have a last post from Switzerland. As it became known, the Swiss financial regulator has released a guide for the ICO, the purpose of which is to ensure the transparency of companies to raise funds using tokens.
Switzerland to the current time attracted quite a lot of companies involved in investment and trade cryptocurrency. This contributes to a loyal attitude of the government towards bitcoin and kriptonyte, as well as clear rules for registration in the blockchain.
The scandal surrounding the VISA and Coinbase continues. Recall that this week users of one of the largest crypto-currency platforms began to complain that for transactions occurring on the exchange, their debit cards being charged more money than usual.
Later Coinbase said in its official Twitter channel that the additional Commission will be abolished, but until now it remains unclear who is responsible for this problem.
VISA denies liability for overpayment customers, citing the fact that it had not made in the rules of payments or adjustments which could lead to an increase in Commission costs. Payment the operator has confirmed that working with other companies as well have not identified similar problems and offered his assistance in the investigation of the incident and the protection of customer funds from unauthorized transactions.
The cost of bitcoin will increase to 13 000$ in the near future
According to experts, if the rate of bitcoin will remain near the mark of 11 000$ over the next days, it will be a good signal of growth to the next important point.
Gradually disorderly market speculation transformirovalsya in the regulated segment of the world financial market. This allows big players to count on medium-term profit, which fundamentally strengthens not only the main crypto-currency but also other assets.
On the other hand we are seeing a reduction in panic, and the ability of members of stock exchanges to more efficiently assess the situation with the exchange rate of bitcoin and not only rely on emotions.
In his comments Stock Markets Group bill Wagner, one of the founders of the investment Fund “Step&Run” said:
“It is now much more important not, how much is a bitcoin or any other cryptocurrency on the market, and its predictability. The ability to resist panic and “news noise” created by the media, that’s what we need to learn this still young market”
“We’re seeing that in the market there are large players that support buying. It is very good, especially at a time when bitcoin “cleansed” from the significant proportion of speculative influence. I believe that now is the best time to invest in cryptocurrency”
Forecast bitcoin exchange rate today
In recent days bitcoin has managed to consolidate above the psychological level of$ 10 000, which opens up further prospects of growth to 13 000$.
In China is still continuing the New year celebration, but a time when investors are actively taken out of bitcoin in Fiat money has passed.
The demand for cryptocurrencies in the South Korean market is supported by growth of premium up to 2% -3%, allowing the price of bitcoin in South Korea to grow even higher, to 11 000$.
The rate of bitcoin will continue to rise towards a new target of 13 000$. Interim resistance stands at 12 000$, where the bottom border of Ishimoku cloud.
If price manage to pass it, the goal will be achieved. As a short stop is possible at the level of 11 500$ and the return rates are a little lower.
The negative scenario
Bitcoin exchange rate after reaching 11,000$ turn down. In this case, the target will be the important psychological level of$ 10,000 or more below the level 9 of 200$, which now is a moving average.
At the moment the balance of forces shifted in the direction of buyers in respect of 75/25, so we expect further growth of the asset in the following days.
Courses cryptocurrency today
At the moment the other crypto-currencies steadily strengthened. The cost of many tokens supported the message from Switzerland about the rules of the ICO, and the rapid growth of Bitcoin. The market situation looks as follows:
Market analyst cryptocurrency
Stock Markets Group™