Technical analysis of the cost of Bitcoin September 19, 2018
Bitcoin's price has higher tops and higher bottoms, forming a rising channel on one-hour graphics, which is a positive signal. Earlier today, it jumped $ 6250, and although it is unlikely, it is unlikely to attack the upper channel at $ 6600.
For now, however, the value of the leader among the crypto-lows remains at around $ 6340. Technical indicators further indicate that buyer forces are weakening and that the more likely direction is downward. If there is a new sale, it can be expected to rise again at 5800 dollars, as long as there is a bottom in the long run.
The lack of good news, as well as the risk of new refusals on the part of the US Securities and Exchange Commission to create Bitcoin Exchange traded funds, have a strong negative impact on the cryptocurrency market.
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