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Investments in financial products are subject to market risk. Some financial products, such as currency exchange, are highly speculative and any investment should only be done with risk capital. Prices rise and fall and past performance is no assurance of future performance. This website is an information site only.



Expert In



Bitcoin Hits New Records

    • Could BTC/USD to increase further?


BTC/USD is trading at the $22,209 level after reaching a 22,393 record high. The outlook is bullish as long it stays above the uptrend line. Surprisingly, the price has registered an aggressive rally after jumping above the $19,891 former historical high.

I've told you in my previous analysis that Bitcoin will continue to increase if it passes above the $19,891 level. Technically, the rate could decrease a little after the current sharp growth. A temporary decline could help us to buy Bitcoin as well.

  • BTC/USD Trading Conclusion!

Bitcoin is strongly bullish, the price could approach and reach fresh new all-time highs in the upcoming period. It could advance higher as long it stays above the uptrend line. A minor decrease could help you to buy it lower and not from these new records.

The material has been provided by InstaForex Company -