Bitcoin has updated its maximum

Today, the price of Bitcoin in US dollars reached $ 6218.84. In the market, this jump in the price of crypto-currency is associated with the appearance in China of a new exchange for trading ZB.com. According to the data published on the exchange’s website, the crypto currency trading will be opened on November 1. There is also information that trading on the exchange will be open not only to the entire world, but also to users on the territory of China, which contradicts the recent ban on trade in crypto currency in the country.

Technical analysis: At the moment, Bitcoin vs. the US dollar is trading in a narrow range, consolidating after a sharp jump at the opening of trading on Monday with resistance at $ 6218.84 and support at $ 6060.00.

In case of correction and fixing the price below $ 6060.00, one should expect the instrument price to fall to the level of 23.6 by Fibonacci on H1 ($ 5,952,342).

Fig. Current price BTC/USD -6134,11

Alexander Sivtsov