Bitcoin Price Is Growing

Bitcoin continues growing in value. This weekend rally stopped by reaching the record 4 470 USD per one bitcoin.

Investors have expected changes in bitcoin price after the regulation on cryptocurrency was accepted in China and South Korea, though the main cryptocurrency looks like to have already digested the accepted regulations. Technical charts do not show any significant deviations from the main trend, with no signs of stress.

The analysis of the digital asset shows that the cryptocurrency is ready to continue growing in price, which has been proven during the weekend.

Most likely, even though the price dropped to 4 290 USD per one bitcoin during the last 5 hours, the general trend shows that the price of the most popular cryptocurrency will continue growing up to 4 700 USD.

 

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