Token of the Day : (Bitcoin)
Today, to highlight Bitcoin, who after three weeks loses the $ 4,000 barrier.
August 22 was the last day that Bitcoin was negotiated below the support of $ 4,000, giving a good opportunity to buy around that level.
There is no doubt that Bitcoin is one of the most present and future cryptocurrencies within the ecosystem of digital currencies, but as long as it does not exceed the US $ 5,000 barrier, it is only necessary to do short-term trading.
If you select the period of one hour (1h), you can see how many times in the last few days the Bitcoin retracts up to US $ 4,100, then rises again to US $ 4,300, or even a little more.
If you speculate in the short term you can buy at US $ 4,150 and sell the environment at US $ 4,400. You can repeat this process until you exit the side channel you are on. On the other hand, if you invest in the long term you can expect that in 2017 it will surpass the resistance of US $ 5,000.
The key support for the remainder of September is US $ 3,780.
At the time of writing, Bitcoin has a market capitalization of around US $ 69 billion, with 16.5 million Tokens in circulation.
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