Bitcoin firmed above $ 7300 — what happens next? Answers graphs
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In August, Bitcoin is showing signs of stability that the stock market was not from the beginning of 2017. Over recent weeks, the cryptocurrency is trading above 7200 dollars. Analysis of Bitcoin prices spent .
theWhen you start to grow Bitcoin
Last Sunday on the chart of Bitcoin is not observed major movements up or down. All due to low trading volumes and the lack of a clear price trend. However, cryptocurrency is a good sign for the beginning of growth in the long term.
Now the main level of Bitcoin are the levels at 7,200 and $ 6,000. The first breakout will open the way to two new resistance in the area of 7500 and $ 8000. This is also indicated on the technical indicator MACD.
According to the famous capturadora under the name Flood, the first 3-day candle in September, closed well, so cryptocurrency may jump in the short term.
Very soon starts a new rally. Following a 3-day candle will be very important for Bitcoin, especially because of the huge number of open short positions. To short now is dangerous, as large buyer buys all of the bitcoins sellers.
The Gradual rise of Bitcoin has positively impacted on the rest of the stock market. Most altcoins have increased by 15-20 percent relative to the dollar.
Recall, the most promising coins you can always find in our .
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