The crypto currency market is weakening. Japanese regulator presses on the market

Most of the world’s major crypto-currencies are declining during Tuesday’s trading. Japanese regulators require anonymous crypto-currencies to be registered in the country, since these coins can be used for money laundering. Such crypto-currencies include Zcash, Monero and Dash, which are far from being the last place in the total market capitalization.

Technical analysis: The price of bitcoin fell below the support line of the rising channel on H1, but it is still in the support range of $ 8,850.00, $ 8,550.00, against which the renewal of the growth of the price of the crypto currency is still possible.

Fig. BTC/USD. The current price is $ 8,826,760.

Alexander Sivtsov