The crypto currency market is recovering. Leaders of the G20 do not plan to introduce tougher trade

During the trading on Wednesday, the main crypto currency is added to the price on the background of the passive position of the G20 leaders on the issue of toughening of the trade in the crypto-currency market. On Tuesday, G20 leaders said they would continue to monitor the dynamics of the crypto-currency market, but the introduction of regulatory measures was postponed to a later date.

Earlier, pressure on the market was expected by the fact that the G20 summit could take urgent measures to tighten trade, but now investors can safely breathe, thereby supporting further market recovery.

Technical analysis: On the daily chart, Bitcoin’s price is fixed above $ 8 400,00, which is a signal to reach basic targets as fast as possible to $ 9,200.00, $ 9,800.00. One should consider the main support levels at $ 8 400 00, $ 8 000.00.

Fig. Schedule BTC / USD. The current price is $ 8,932,830.

Alexander Sivtsov