Why fall of Bitcoin and what course next? The comments of the Russian expert
Source:Courses cryptocurrency is a major pain Aug. Today, the market capitalization does not exceed $ 200 billion, and one offer of $ 268. The share of Bitcoin rose to a record 54 percent. As a niche commented the analyst of "Alpari" Vladislav Antonov.
The expert asked . To begin with, the journalists wanted to know about the reasons of deterioration of the situation with Bitcoin. Antonov doesn't consider what is happening as a surprise.
No important news for the weakening of the first digital coin was not. The fall was caused by cyclical factors and the closure of large speculators open positions on the exchanges CME and CBOE.
The Last time Bitcoin was significantly sagged eighth of August — then the rate fell from 7058 to 6227 dollars. The expert believes that the jumps may not be over. Most traders do not even have time to react.
The Nearest target area is at the level of 5.45 thousands of dollars. If it will not stand, for many buyers there will come a black stripe. Protective stops placed below it, will cause a new wave of sales of Bitcoin, where the price drop will accelerate to 3,575 thousand dollars. This will happen very quickly. No one will have time to recover.
What BTC will drop to the level of 5400 dollars, the analyst said. I hope this will not happen.
Do you Plan to drop coins in case of a possible fall to that level? Or, conversely, will replenish your portfolio? Strategies and actions traditionally discussed .
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