What will happen to the exchange rate of Bitcoin and the market. Analysts forecast
Source:The New week started with a slight rise in the market. In the green color was almost the entire top CoinMarketCap, a leader in the top ten was TRON with 14 percent growth. Market capitalization reached 390 billion. The situation was commented by the experts.
theForecast Bitcoin exchange rate
Analysts predict a depreciation of the home cryptocurrency this week. The reason for this behavior — the pessimistic mood on the market. The view of the experts asked .
According to the analyst of "Alpari" Vladislav Antonov, the market didn't react well to the news about additional regulation in South Korea and the lack of jump courses in the course of the conference Consensus. This was a good event.
The Gemini Exchange, announced support for zcash for. Exchange Binance will add to the listing of cryptocurrencies TrueUSD, similar to the American dollar with the characteristics of cryptocurrency. South Korean regulators allowed the recognition of cryptocurrency as a financial asset.
Co-Founder of cryptocurrency Fund ICG Igor Nurtdinov reminded about the new cryptocurrency.
Also, there was a rumor that Facebook is planning to launch its own cryptocurrency. We believe it is very close to the truth on the background of the launch of cryptocurrency ТОN. All that remains optimistic on the market.
Antonov told about the situation with the exchange rates of coins.
After the decline of the rate below eight thousand dollars, the activity of buyers has decreased markedly, but downward risks have risen. Today, market participants are concerned that the rate of Bitcoin will drop to the range of 7,3-7,5 thousand dollars.
Professor of the Department of financial management of REU named after G. V. Plekhanov Constantine Ordov predicted the predominance of pessimistic sentiments.
Futures pointed to a quotation close to 8.2 thousand dollars. Soon pessimism will prevail, and a new level of 7.6-8.8 thousand dollars — "new reality" of Bitcoin. Let's hope for a more clear and consistent trend this week.
Nurtdinov allowed entrance into the niche of new players.
Support is on the level of 8.25 thousand dollars for bitcoin, and now the market gives you the opportunity to "go" in Bitcoin and other cryptocurrencies at a fairly low level. But as they say in the market, "we think this is the bottom, bottom then we tapped".
What will be a week — time will tell. The results of seven days according to the tradition of the sum .
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