Bitcoin remains positive, despite disappointing news from China

After the depreciation of the most popular crypto currency in the world today, the price of bitcoin resumed growth, restoring at the moment more than 50% of yesterday’s losses. China’s regulators intend to prohibit national investors trading in crypto-currency on international exchanges. In China, it is planned to check bank accounts and online payments of companies and individuals for the purpose of trading in crypto-currencies at foreign sites, while the assets of owners who conducted operations in crypto currency can be frozen or blocked.

Technical analysis: The price of bitcoin continues to move in the ascending channel, which starts on February 6. The main support levels, from which it is worth considering purchases of crypto currency, remain at $ 10,000.00, $ 9,600.00, $ 9,250.00, with a goal to growth to $ 11,000.00, $ 11,600.00.

Fig. BTC/USD. The current price is $ 10,529,720.

Alexander Sivtsov