Technical analysis Bitcoin BTC/USD - 18.03.2018

The middle of March is behind us and the price of Bitcoin is still falling. Support at 7 900 dollars has been broken, due to which we have an open road to the level of 5 800 dollars. Still, we are on the upper limit of the inheritance channel that we have been talking about for a long time.

Alternatively, if the price is able to break 7 900 USD, then after the test, we will be able to search long positions.

The capitalization of the entire crypto market in the past week has fallen by about 93 billion and now it is over 280 billion dollars. Of the top ten, only IOTA records increases. BTC domination exceeds slightly 45%.

Our JPK Traders team member two days ago on expo fxcuffs has predicted the btc usd price perfectly. Congratulations on winning!