www.varchev.com

The value of cryptocurrencies is increasing

The price of bitcoin climbed over 10% in 24 hours, previously trading at $ 6,569.17.
Other digital coins, including ethereum and XRP, were also higher.
Market capitalization – or the entire value of the cryptocurrency market – rose over $ 14 billion in 24 hours at 11:47 pm Singapore time to reach $ 182.62 billion.
The cryptocurrency market suffered a strong upturn earlier this month after many people withdrew their investments due to the pandemic.
If BTC/USD surpasses the resistance at 6890, it may wait for a retest and entry into LONG after repulsion from the level.
In the event of an unsuccessful breakthrough, in the resistance zone, when a pinbar or sword-absorbing candle is formed, we will have a good chance of SHORT.
BTC/USD chart at 4h


 Trader Georgi Bozhidarov


Read more:
RECCOMEND WAS THIS POST USEFUL FOR YOU?
If you think, we can improve that section,
please comment. Your oppinion is imortant for us.
WARNING: Any news, opinions, research, data or other information contained within this website is provided as general market commentary and does not constitute investment or trading advice. Varchev Finance Ltd. expressly disclaims any liability for any lost principal or profits which may arise directly or indirectly from the use of or reliance on such information. Varchev Finance Ltd. may provide information, quotes, references and links to or from other sites and blogs and other sources of economic and market information as an educational service to its clients and prospects and does not endorse the opinions or recommendations of the sites, blogs or other sources of information.
Varchev Finance