The crypto-currencies market has changed

In today’s trading, most of the world’s major crypto-currencies are falling, against the background of a partial profit-taking by investors in long positions. The main support for digital currencies is provided by the growing interest in the market for crypto currency from institutional investors, against which at the opening of today’s trading, bitcoin’s price slightly exceeded 9,600.00, confirming my yesterday’s forecast. For more details, see “Bitcoin overcame the $ 9,000.00 mark. Market capitalization exceeded 420 billion”.

Technical analysis: Bitcoin’s price keeps uptrend in the short term. The main support levels are $ 8,750.00, $ 8,500.00. Resistance levels are $ 9,800.00, $ 10,000.00.

Fig. BTC/USD. The current price is $ 9,062.050.

Alexander Sivtsov