Bitcoin is going to update the maximum

Bitcoin continues to recover lost positions at the beginning of the trading week. It should be noted that the decrease in the price of the crypto currency was not caused by certain fundamental factors, against which Bitcoin’s price retains its upside potential. The main obstacle to significant growth of both Bitcoin and other crypto currencies is the absence of certain market regulation norms that are required for the security of investing in digital currencies.

Technical analysis: Bitcoin’s price continues to move in an uptrend in the short term. The closest resistance is 9 350,00, overcoming of it will open the way to the marks 9 600,00, 10 000,00.

Fig. BTC/USD. The current price is $ 9,258,970.

Alexander Sivtsov