Bitcoin is the highest

On November 1, Bitcoin once again updated the historic high, reaching $ 6580.93 and justifying my yesterday’s expectations. Read more … Market participants believe that the reason for this growth are rumors that the world’s largest operator of futures exchanges, CME Group, can start trading futures for bitcoin before the end of this year.

Technical analysis: At the moment, Bitcoin continues to trade near its historical highs. The nearest level of resistance is considered at $ 6600,00, So, the correction of the instrument price is possible. Support is considered at $ 6228.00 that corresponds to the level of 23.6 lines of Fibonacci on H1.

Fig. Current price BTC/USD -6524,090

Alexander Sivtsov