Bitcoin remains under pressure. The market capitalization has decreased to 300 billion.

Bitcoin is traded under pressure, as well as the rest of the world’s crypto-currencies on the news that Twitter has been starting to impose a ban on advertising crypto-currencies today. This ban will apply to advertising ICO, as well as the sale of digital currencies. The decision to ban the advertising of crypto currency followed the similar prohibitions on Facebook and Google. It should be noted that the ban on advertising crypto-currencies from Google is scheduled for June 2018.

Technical Analysis: Today, the price of Bitcoin dropped to almost $ 7 600.00, thereby confirming my previous forecast. See “The market of crypto currency continues to lose ground”. At this point, Bitcoin has recovered some of the lost positions, but remains under pressure. In case of resumption of the decline and fixing of the price below $ 7 600.00, one should expect its further decrease to $ 7 400.00, $ 7 300.00.

Fig. BTC/USD. The current price is $ 7,905,250.

Alexander Sivtsov