WorldForex_Eng

BTC/USD Volatility Still Low

Long
BITFINEX:BTCUSD   Bitcoin
Bitcoin has made no significant moves last week. The currency pair almost reached 6181 last week but reversed and has shown some intention to further growth. The resistance level that we advise to pay attention to lies at 6781.

What are our thoughts on current situation? Bitcoin is likely to develop tis growth towards 6781 in the next several days towards the resistance. However, currently there are almost no game changing news. This means that further growth may be limited there.

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