The popularity of cryptocurrencies has been unflagging in recent weeks, the entire market is worth over USD 500 billion. In daily analyses, we will look at the most popular currencies and you can use the opportunities that occur by trading on the Polish BitBay exchange.
The second day of a strong correction on the cryptocurrency market is intact, let’s look at the biggest part of this puzzle – Bitcoin. We are quickly approaching the psychological level of 10,000 dollars (perhaps on several stock exchanges this level has been already reached). At first glance, the D1 graph shows two bearish waves separated by a correction, if the range of these waves would be equal, the target of falls would be slightly below $ 9000 (it will be a 1: 1 correction of the larger part), the declines are also three-point correction . In addition, external measurements of 127% and 161% are grouped not far from 9k usd.
A review of events and analyzes from the world of cryptocurrencies is made in cooperation with the Polish BitBay stock exchange offering free accounts for trading on digital currencies. Acquaint yourself with the BitBay offer and start trading on BTC and altcoins now.