empty
 
 
16.05.2019 09:36 AM
Bitcoin. The number of bitcoin-related search queries continues to grow

The Bitcoin rate continues to "lick" the level of 8000 USD. In the meantime, the number of Bitcoin-related search queries continues to grow. This is indicated by the report of the analytical service Google Trends. Recently, after a sharp rise in the rate of Bitcoin, the number of search queries related to Bitcoin has increased significantly, making it more attractive for investment.

Signal to buy Bitcoin (BTC):

Bitcoin continues to trade in the area of 8000 USD, retaining its upward potential. The next target for buyers will be the breakdown of the maximum of 8160, which was not possible yesterday. Only after that, you can count on updating the levels of 8450 and 8700, where I recommend fixing the profits. With the downward correction scenario, the area will be supported by 7600, however, it is possible to buy Bitcoin immediately to rebound around 7200.

Signal to sell Bitcoin (BTC):

Only the repeated formation of a false breakdown at a maximum of 8160 will be the first signal for the sale of Bitcoin in order to reduce to the lower border of 7600 and update the larger support area of 7200, where I recommend fixing the profits. With further growth in the trend, it is best to consider selling a rebound from a maximum of 8500.

This image is no longer relevant

Miroslaw Bawulski,
Analytical expert of InstaForex
© 2007-2024
通过InstaForex赚取加密货币汇率变动的收益。
下载MetaTrader 4并开启您的第一笔交易。
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $5000 more!
    In November we raffle $5000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS

推荐文章

现在无法通话?
提出您的问题,用 在线帮助.
Widget callback