Bitcoin is determined to take the $ 20,000!

At the weekend, the price of the most popular crypto currency in the world on most world exchanges almost reached $ 20,000, which was caused by the expectation of the launch of trading in futures on crypto currency by the largest North American financial derivatives operator CME Group. Immediately after the launch, the bitcoin price dropped sharply, but by the beginning of the European session it had won back most of the lost positions.

Technical analysis: After some consolidation on Friday, the price of bitcoin has sharply shifted to growth, thereby justifying the expectations. See “Bitcoin is preparing to update the maximum.” At the moment, the change in the price of the crypto currency is rather restrained after the rally in early trading on Monday. Before the next update of the maximum mark, the re-adjustment is possible, while the main support levels are considered at $ 17,000.00; $ 16 600.00.

Fig. BTC/USD. The current price is $ 18,748.

Alexander Sivtsov