Cryptocurrency market resumes growth, and bitcoin prepares to storm the $ 4200 level


MUST WATCH!! BITCOIN BULL MARKET TOP PREDICTION & ETHEREUM PRICE TARGET (Exact Bitcoin Price Target)

Cryptocurrency market resumes growth, and bitcoin prepares to storm the $ 4200 level

Positive dynamics resumed in the cryptocurrency market, as the rates of most coins received a moderate increase. Bitcoin hovers around $ 4000 and prepares to storm the next resistance level around $ 4200.

Today, throughout the day, there is a gradual increase in the capitalization of the cryptocurrency market, which increased by $ 2 billion.However, in parallel, the trading volume fell by 13%, which may indicate a respite and preparation of traders for the next breakthrough.

This is also confirmed by the stabilization of the bitcoin rate in the range of $ 3850- $ 4000 and the formation of a pattern. «bull flag». A confident breakout of the $ 4000 level will open the way to $ 4200. The positive trend will continue up to $ 3600.

Over the past day, the bitcoin (BTC) rate has grown by 1.11% and at the time of this writing is $ 4,000. Ethereum (ETH) added 1.84% and is trading at $ 148.4, continuing to build up its lead over Ripple (XRP), which has dropped 0.3% over this time to $ 0.321.

The EOS price increased by 3.2% and reached $ 3.89. Litecoin (LTC) and Bitcoin Cash (BCH) up 0.79% and 1.34%, respectively, to $ 49.67 and $ 144.8.

The SEC’s Bitcoin ETF decision will have a significant impact on the cryptocurrency market. As a reminder, the regulator is currently considering applications from CBOE and NYSE Arca..

text: Ivan Malichenko, photo: Getty Images, graphic: CoinMarketCap

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