Bitcoin is losing momentum

Yesterday, the most popular crypto currency in the world has updated its historical maximum and reached $ 7866.94, having justified my yesterday’s expectations. See “Bitcoin tests the maximum“.

Then the price reduced due to profit-taking by investors, after Bitcoin developers announced the cancellation of the next SegWit2x. See The main terminology of crypto currency.

Technical analysis: At the moment Bitcoin is still in the correction stage, while the main support levels are considered at $ 6900.00; $ 6,600.00. Resistance levels are considered at $ 7500.00; $ 7860.00.

Fig. BTC/USD current price – $ 7085.57

Alexander Sivtsov