During yesterday's session, we could hit the increased volatility in the market. Especially big moves were visible on the dollar and also on gold. The precious metal price fell below the key support at $ 1,850. Recently, a lot has also been happening on the cryptocurrency market, where Bitcoin is moving boldly towards the historical highs. Yesterday, the rise slightly slowed down, but over the weekend the quotations were less than $ 1000 to set new records. What's next with the BTC / USD rate?
- Bitcoin continues to grow, over the weekend the rate was again at its highest this year, the price even above 18 thousand. dollars
- US indices ended yesterday's session in the black, the Dow Jones gained 1.13%, the S & P500 closed 0.61% higher and the N asdaq ended the day with + 0.21%
- Contracts for indices in Europe indicate higher opening of today's session, DA X is to start the day over 80 points higher
- The EUR / USD exchange rate rebounded dynamically from the resistance at USD 1.19
Bitcoin - Only $ 1,000 to all-time highs
Mixed sentiment has persisted in the stock market for some time. investors have a clear problem with defining a clear direction. In turn, cryptocurrencies are doing very well. Bitcoin is above the 18,000 mark. dollars. As you can see, in times of uncertainty around the coronavirus, investors turned to digital currencies.
As for the technical situation on the main cryptocurrency - Bitcoin, at the moment there are no signs of a change in the trend. BTC is in a strong uptrend. If the current pace of gain is maintained, it is possible that this year we will see an attack on historic peaks, which are in the $ 19,600 area. On the W1 interval you can see a hanged man's candlestick formation, but it is still a whole week to finish and it does not seem that it could lead to major drops, although a correction may take place at any time.
