Bitcoin prepares to update its maximum

The most popular crypto currency in the world spent most of the week in a rather restrained mode, while repeatedly testing a significant resistance level at $ 17 500.00, which is an indisputable signal for the next update of the historical maximum.

Technical analysis: The bitcoin price moves in the predominant flat in the short term, trying to break through the significant resistance at $ 17 500.00. Fixing the price above this range will open the way to $ 18 500.00; $ 19,000.00. One should consider the main support levels at $ 15 200.00; $ 14,600.00; $ 14,000.00.

Fig. BTC/USD. The current price is $ 17,280.891.

Alexander Sivtsov