What will happen to Bitcoin exchange rate this week. Analysts
Source:
The New week began with subsidence of the market. Now painted in red almost all the coins from CoinMarketCap ranking, and the market capitalization fell to 314 billion dollars. More noticeable than others in the top dipped TRON and Ethereum, the cost of which fell more than 7 percent. The prospects of the market and Bitcoin in the next week, said the experts.
The Outlook is negative. Analysts admit weakening of the main cryptocurrency and falling below the psychological mark of 6 thousand dollars. It is reported .
As noted by the analyst of "Alpari" Vladislav Antonov, last week the Bitcoin dropped 12 percent. The expert believes that the situation with the statements of the regulators of different countries. The U.S. justice Department on the investigation of possible manipulation of exchange rate of the coin, India has allowed the introduction of an 18 percent tax on operations to the crypt, and the financial regulators of Canada and the United States began to fight fraudulent ICO. Negative background reduces the market.
The head of the company Enigma and co-founder of cryptocurrency Fund ICG Igor Nurtdinov believes the news background is neutral-positive.
theAnd the conclusion about market manipulation, to get the small investors out of positions. Especially those who are sitting with the shoulder in the cryptocurrency. Earlier in the mass was pushing the idea that after the conference, the Consensus 2018 the market will go up. And, as we know, the big players earn small — that we now see.
Forecast Bitcoin exchange rate
The Experts presented and predictions of the course. The first version was voiced by Vladislav Antonov, he admits fall below 6 thousand dollars.
In the week from may 28 to June 3, is expected to further decline in the exchange rate. The key support level will be 7 thousand dollars. If it is Monday or Tuesday will not stand, the downward movement will increase towards the level of 5,55 thousand dollars.
In Addition, Antonov called the target level of decline.
News background is negative, therefore, the risks to go under the mark of 6 thousand dollars is very high. The first target level of a new phase of decline most popular cryptocurrencies will perform 6.18 thousands of dollars.
Nurtdinov supports this version.
Level of support is in the area of 6,5 thousand dollars.
The probability of growth is maintained. In case of positive scenario, the rate will increase to 8.5 thousand dollars. Of course, I hope for the latter.
Recommended
the long-awaited summer. Niche cryptocurrency supported the event and gave unusually hot week. During the last seven days, we learned about the new line of graphics cards from AMD, the mining in TON and hard forks . In addition dealt with the profita...
Co-owner Bitcoin.org Coinbase Pro ridiculed and called a stock exchange Scam
co-Owner Bitcoin.org and most popular forum about cryptocurrency Bitcointalk.org Cobra called Coinbase Scam Pro trading platform American crypto currency exchange Coinbase. In his tweet he wrote «if you read Coinbase Pro backwards, get the word ...
The Ethereum is a cryptocurrency Scam. A new report Chainalysis
When people learned how to create a new cryptocurrency and began to build their infrastructure like marketplaces, in the field began to appear and fraud. According to blockchain auditor Chainalysis for the past two years, fraud in the ecosystem has s...
Related News
The exchange Poloniex has frozen the assets without warning. What happened?
this week in Reddit-community exchanges appeared the first reports about bans. After a couple of days the number of complaints of users of Poloniex increased in social networks complain about the impossibility of trading and withd...
Israeli police seized 1701 bitcoin in the investigation of money laundering
the Fraudulent scheme was identified through the local Department of cybersecurity. The results of the investigation investigators learned that the perpetrator managed to make 20 000 transactions with Israeli credit cards. For mon...
On Kickstarter appeared a card game on the topic of Bitcoin
a Game called Bitcon Daye players the opportunity to experience for yourself all the adrenaline cryptocurrency fever without serious damage to your wallet. The project was launched on Kickstarter two investors who are tired of hea...
Venezuela swept the boom of the mining of cryptocurrencies
the Crisis of hyperinflation of the national currency has gained gigantic momentum in Venezuela. To save their savings, citizens pay more and more attention to mining cryptocurrency is reported . the mining crypts in Venezuela One...
The Central Bank called the blockchain technology is not Mature enough
Yesterday, Deputy Prime Minister Maxim Akimov, the ubiquity of blockchain technology too. In his opinion, for the health of the distributed registry requires more computing power, which are sometimes used wrongly. Now with critici...
This release closes Cryptogamia spring. Next, we have a hot summer, a new ASIC miners and forks. Meanwhile, let's summarize the last week. She remembered mining in the office of Ukrainian police, a puzzle with a prize of one bitco...
Analyst Spencer Bogart: traders should only buy Bitcoin
At the end of the week the investor that Bitcoin to the end of the year will reach 25 thousand dollars, and for this purpose it is absolutely optional to grow every day. The first believes cryptocurrency and Bitcoin analyst on wal...
Was not expected in Kiev, may be a monument Satoshi Nakamoto
the Initiative to open the monument to the unknown Creator of the cryptocurrency is gaining momentum. Statue of Satoshi Nakamoto will stand on the spot where formerly stood the bust of Lenin. The project development facility is pa...
In South Africa revealed a pyramid scheme on 28 thousand investors and $ 80 million
In early April, the Central Bank of the Republic of South Africa to create a self-regulating organization in the market of cryptocurrencies. Manual regulator believes that the state should not establish rules of the trade digital ...
Exhaled: "rosseti" not planning to raise tariffs for miners
earlier In the week the state Duma the first reading of the draft law on the regulation of cryptocurrencies in Russia. The document recognizes coins legal tender and does not involve the issuance of private keys for user wallets. ...
The investors are. In the Leningrad region will build a mining farm at the nuclear plant
In April, police mining farm, working on the territory of an abandoned factory in Orenburg. Her owners did not pay for the electricity that consumed six thousand ASIC miners. Now the government has decided to open a legal enterpri...
Deputy Prime Minister Maxim Akimov: the ubiquity of the blockchain too
on Friday, Deputy Prime Minister Maxim Akimov , the government of Russia does not intend to ban cryptocurrencies, however, are preoccupied with the safety of users. Now the politician added that the ubiquity of needless blockchain...
The future is now: the manor of the 17th century sell via the blockchain
the real estate company Beverly hills Hilton & Hyland entered into a partnership with startup Propy. Realtors auctioned the estate of Palazzo Albertoni Spinola, built between 1580 and 1616 years, reports . Information about th...
The UK company took control of the trademark BITCOIN
In the cryptocurrency section on Reddit there was a post from a businessman from Etsy, who received a letter demanding another company to delete the word "Bitcoin" of its products. An edited version of the letter the businessman s...
House.Russian Vostok and launch blockchain-based platform for the real estate market
Yesterday Russia's largest Bank Sberbank on the intention to hold the Moscow ICO educational lecture Level One. The initial placement of tokens will take place before the end of the summer, explained in a financial institution. No...
CB allows the use of crypto-currencies as means of payment in territory of the Russian Federation
on Wednesday, the Deputy Minister of Finance the subject of cryptocurrencies. According to Alexei Moiseyev, further coins can allow the market as a currency for exchange into rubles. Now the situation expressed by the representati...
The founders CryptoKitties collected 15 thousand dollars for the children's hospital in Seattle
the Company AxiomZen in November 2017 game CryptoKitties — it users grow and sell cryptococal using the blockchain. The volume of transactions since the start of the game was 23.2 million dollars, and the most expensive character...
Bitcoin Price falls from 17 December 2017. In just almost half a year, the rate decreased with a maximum value of 19 900 dollars to an annual minimum 5 980 dollars. During the fall we saw two correctional wave growth, but they bot...
Dream job: porn pay with cryptocurrency
pornographic actress Stormy Daniels has become known for controversial statements and subsequent trials of intimate relationships with Donald trump in 2006. Thank benefited. Now it has entered into a partnership with Vice Industry...
Matt Hogan: the price of Bitcoin will increase to $ 40,000
the representative of the Fund Bitwise Asset Management believes in the growth of Bitcoin prices. According to the forecast, Hogan, the course of the main cryptocurrencies will grow by more than 500 percent in the next ten years. ...
Comments (0)
This article has no comment, be the first!