Bitcoin tests the $ 8 400.00 mark

Most of the world’s major crypto-currencies, along with Bitcoin, continue to appreciate in the course of trading on Friday. The main support for the market is provided by the renewed growth of interest in digital currencies. Only this week, it was reported that the Brazilian investment company XP Investimentos, which manages more than $ 35 billion, intends to launch a bitcoin-site, and the South Korean Coinone Exchange has announced the launch of the Indonesian unit. It is also worth noting that there was information that the Soros Fund Management intends to deal with crypto currency trading, although back in January Soros stated that Bitcoin is a “financial bubble”.

Technical analysis: At the moment Bitcoin’s price is slightly higher than the $ 8 400.00 mark, which corresponds to the level of 38.2 Fibonacci lines on H4. If the price is fixed above $ 8,400.00, щту should expect its further growth to the levels of $ 9,000.00, $ 9,600.00.

Fig. BTC/USD. The current price is $ 8,420.870.

Alexander Sivtsov