As of the morning of June 26th, the first cryptocurrency, Bitcoin, again showed another breakthrough of the course. The value of the asset increased by more than 11% and amounted to 12,541.47 US dollars.
The growth rate of Bitcoin
According to statistics, the rate of the first cryptocurrency increased by 11.4%. In this case, the total capitalization amounted to 223 billion dollars, beating the next annual maximum. The daily tradingTrading
– is an economic term that means the process of independent trade, independent analysis of the market and the conclusion of trade transactions.Details volume of cryptocurrency has also increased, at the time of writing the article, Bitcoin was trading in the amount of $ 30.5 billion.
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Now, the market smoothly enters the overbought zone. According to the technical indicators, the Bitcoin rate can undergo a slight correction with a rollback of up to $ 12,000.
In addition, the resistance line of the course has moved beyond the limits of 13,000 US dollars, which also gives a lot of reasons to talk about an imminent increase. Trend indicators provide strong market buy signals.
As you can see, the situation is ambiguous and contradictory. It is important to note that the two-week ATR indicates an increase in the volatilityVolatility
– is a financial term that means a statistical indicator of price change. In the cryptocurrency world, it is used by traders as an indicator for managing financial risks. That is, it is a measure of trade risk and as a financial analytical tool for gambling. Details of the course, which increases the possibility of abrupt changes. About what they will follow on our site.
Bitcoin rate has grown over 12,500 US dollars. Recall that yesterday the total capitalization of digital gold crossed the milestone of $ 200 billion.
Editor: Jerg Wos