The crypto-currency market is under pressure. Bitcoin forms a reversible model

On Monday most crypto-currencies are in a minus. BTC/USD, the main crypt currencies, after a negative weekend, left the uplink, forming hints on the formation of a reversal model.

Technically, the BTC/USD pair is currently limited to the support level of 9250.00. The breakthrough of this level will open the way to the level of psychological support of 9000.00, which in turn will indicate the possibility of formation of a “double top”. Significant resistance is 9500.00, fixing above which will indicate the resumption of the uptrend.

Hansenko Anton