The crypto currency market is recovering. The cost of Bitcoin exceeded $ 10,000.00.

Most of the major crypto-currencies, including Bitcoin, continue to show positive dynamics since the beginning of the trading week, despite the possible implementation of new rules for the regulation of the crypto-currency market from the EU. Vice President of the European Commission Valdis Dombrovskis suggested that the bloc’s leadership may begin to exercise additional supervision over this area, although this will depend on “the facts and circumstances surrounding specific crypto-tokens.” The European Commission will continue its work in this direction. Read more …

Technical analysis: The price of Bitocoin managed to gain a foothold above the $ 10 100.00 mark, after which the value of the coin increased to $ 10 620.00, thereby justifying yesterday’s forecast about the movement of the price of crypto currency. See “The bitcoin is under pressure of correction.” The potential for renewal of growth remains.“

At the moment, the main support levels, from which it is worth considering Bitcoin’s purchases, are 10,000.00, 9,600.00, 9,250.00, with the potential for growth to the levels of 10,600.00, 11,000.00, 11,600, 00.

Fig. BTC/USD. The current price is $ 10,526.280.

Alexander Sivtsov