The crypto-currency market has once again declined.

The crypto-currency market fell on Tuesday, which was due to the low volume of trades and the growth of pessimism regarding the future of digital currencies. In today’s trading, despite the growth in volume, the main crypto-currencies are declining, amid continued fears about toughening trade in crypto currency. Also, additional pressure is exerted by a decrease in interest in crypto-currencies from large corporations, as evidenced by Facebook’s ban on placing on its resources any advertising related to the crypto currency. This decision was made on the basis of the fact that in the network appears more and more reports of fraud with the use of crypto currency and ICO, as well as in connection with the theft of digital currencies.

Technical analysis: Bitcoin’s price has fallen to the lower limit of the flat range $ 9,900.00- $ 11,700.00. If the price continues its decline and re-tests the level of $ 9,000.00, it is worth considering selling of Bitcoin from the level of $ 9,900.00.

Fig.  BTC/USD. The current price is $ 9,832,470.

Alexander Sivtsov