Bitcoin maintains a positive attitude

During today’s trading, the world’s leading crypto currency demonstrates a fairly restrained dynamics, after it updated its maximum value at the beginning of the week. Also today, the network has information that the government of Iran is preparing to legalize Bitcoin. Because of the sanctions by the United States and other Western countries against Iran, the country’s authorities want to reduce their dependence on the US dollar and the global economic system as a whole through the development of new technologies. Read more … 

Technical analysis: During the Asian session, Bitcoin recovered some of the lost positions during yesterday’s trading, having perfectly worked out the support level at $ 6900.00, which allowed everyone who uses my suggestions to earn about 280 points of profit. See https://esterholdings.com/en/2017/11/06/bitcoin-sohranyaet-polozhitelnyj-nastroj/. At the moment, the resistance level is considered at $ 7458.97. The main support levels are $ 6900.00 and $ 6600.00.

Fig. Chart BTC/USD current price – 7196.870

Alexander Sivtsov