The rate of bitcoin has soared by 31% following a forecast $ 9,000

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From 10 may, bitcoins soared by 31%, or $2000. Tuesday in the morning reference the cryptocurrency tries to hold on above $8000: intraday value of bitcoin/USD is clearly seen as taking a round of the levels in the $7,000 and $8,000 caused a wave of profit-taking, but pretty quickly purchases resumed again.
The return of the interest has been so intense that the previous levels of consolidation rapidly swept wave of buyers. With such dynamics, the following stops can be round $9000 and the local peaks of a year ago for $9500.
It becomes apparent that the market has returned FOMO (fear of missed opportunities). If institutional investors and funds have the composure and waiting for the most opportune moment to enter, the retail investors are the real driving force of the dynamics of the Bitcoin exchange rate. However, we must remember that in addition to optimism and similar to rally 2017 patterns on the market there are many new members who are looking for a direct benefit to put the squeeze on the market to the bottom, and then start to sell bitcoin on the highs.
It is equally important that “digital growth” is not only strengthened, but expanded, drawing itself altcoins. May 10, the total capitalization of cryptocurrencies increased by $47 billion Over the past day the most significant increase, 21% (to $0.38) demonstrates the token XRP. Probably, the coin attracted demand due to low prices, while market participants remember it for almost $4. Ethereum (ETH) and Cash (BCH) was added 10% and 12%, respectively. It is hard to find a cryptocurrency in the red zone: the index of dominance of bitcoin in recent days, growing up, reaching 60%, however, due to the increasing demand for altcoins he dropped to 59.2%.
“The icing on the cake” was the news that the network is Whole Foods, which is owned by Amazon, now accepts Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH) and Gemini Dollar (GUSD). This was made possible thanks to a partnership project Gemini twins Winklevosses payment startup Flexa. In addition to Whole Foods, your tokens can be spent in Starbucks, Baskin Robbins, Nordstrom and others. Onetim that far “leaks” information about the project was not, and the launch took place exactly at the right time, the heating pulse. Coincidence or not, the twins will not tell, but so far they are pushing the whole cryptococci to integrate with the real world.
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Alexander Kuptsikevich,
Analyst
FxPro