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A senior analyst at RoboForex shares his insights into the future scenarios for Bitcoin, Ethereum, Bitcoin SV, Bitcoin Cash and Litecoin price movement.
By Thursday, January 16th, the bursting growth of the BTC has stopped, though all impulses are in force. The cryptocurrency is generally trading at $8695.00.
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A senior analyst at RoboForex shares his insights into the future scenarios for Bitcoin, Ethereum, EOS, XRP and Bitcoin SV price movement.
After the robust beginning of January, the BTC has been correcting for two days already. It is now trading at $7932.00.
On Thursday, December 26th, the ETH grows slightly after the previous decline, trading at $125.72. On the whole, the ETH remains under strong pressure.
The market has not reversed at a full scale yet. What is more, the bears still control it, and the assets keep declining after a small correction.
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On Thursday, December 19th, the BTC is under pressure again, after the previous correction. It is currently trading at $7139.00 with the week’s minimum around $6430.00.
The crypto market remains under the bearish control, all assets – BTC, ETH, XRP, LTC and BCH – are renewing the nearest minimums.
On Thursday, December 12th, the ETH is still declining, trading at $141.83.
Crypto keeps falling slowly.
BTC rate has stopped falling on Thursday, December 5th. The instrument is generally trading at 7331.00 USD.
The bearish pressure on the market remains intact. However, the assets are testing the support level, and if the bulls manage to hold the levels, we should expect a good bounce up and an attempt of an upward movement.
On Thursday, November 28th, the restoration of the BTC has halted. It is generally trading at $7443.20.