Bitcoin retains a positive attitude

During today’s trades the world’s major crypto currencies, including Bitcoin, continue to recover their positions. Yesterday’s decline in Bitcoin’s price was due to a partial profit-taking by investors, however, the potential for further growth is still preserved, as evidenced by today’s overcoming of the mark of 9,000.00.

Technical analysis: At the moment, Bitcoin’s price has come close to the resistance line of the rising channel on H1, from which it is possible to reduce the price of bitcoin against the background of profit taking on long positions. At the moment, the main resistance levels are considered at $ 9,700.00, $ 10,000.00. Support levels are considered at $ 8,200.00, $ 7,950.00.

The main recommendations: The main recommendation is the purchase of Bitcoin from the main support levels of $ 8,200.00, $ 7,950.00, with the growth potential to $ 9,000.00. Also, the purchase should be considered when fixing the price above $ 9,000.00, with the growth potential to $ 9 700.00, $ 10,000.00.

Fig. BTC/USD. The current price is $ 9030,870.

Alexander Sivtsov