Bitcoin price recovered to $ 7,200

Index
    Рост BTC
    BTC growth

    After the morning drop in bitcoin to $ 6,600, during the day the first cryptocurrency rate recovered to $ 7,200, but to speak it’s too early to stop falling.

    Over the past 7 days, bitcoin has rapidly fallen in price from $ 8,300 to $ 6,600. Today the market has reversed and has shown significant growth, but this is more like a rebound than stopping the fall. Most experts agree that strong support is in the range of $ 6,500 and $ 6,000. Above this level, buyers are too weak and to reverse the trend, bitcoin needs to first rush to the upper boundary of the downward channel by about $ 9,000 and then break through this resistance level.

    It is noteworthy that altcoins fell faster than bitcoin on the morning of November 25, but after the BTC reversal showed a much weaker growth.

    See also  In Ukraine, it will be possible to sit down for cryptocurrency

    Related News

    Leave a Reply

    Your email address will not be published.

    Go up

    We use cookies to understand how you use our website and to improve your experience. This includes personalizing content and advertising. By continuing to use our site, you accept our use of cookies.