The state of the crypto-currency market: Bitcoin sluggishly restores positions

During today’s trades, the prices of most major crypto currencies show an upward trend, amid general market capitalization over the past 24 hours, which grew by about $ 7 billion and reached $ 696.762 billion. The bitcoin price moves in a wide flat, adding to the price of about 3.0 % in the last 24 hours.

Technical analysis: Despite repeated attempts since the beginning of the year, Bitcoin’s price failed to gain a foothold below $ 12,800.00, which indicates the reluctance of bulls to surrender their positions. The main support levels are: $ 12,800.00; $ 12,000.00. Resistance levels are: $ 14,700.00; $ 15,400.00; $ 16,400.00.

Fig. BTC/USD. The current price is $ 13,597.700.

Alexander Sivtsov