Cryptocurrency prices analysis and forecast – 12 November 2018

Coinatory

Cryptocurrency prices analysis and forecast – 12 November 2018
BTC/USD
BTC/USD is being traded at $6,402 and continues the correction. The coin was traded on weekends with some “coolness,” as trade volumes plummeted amid a shortage of fresh trading catalysts. The debate over the Bitcoin ETF intensified after a senior manager at VanEck spoke about the potential of the new asset class. Quotes of cryptocurrency number 1 are still largely determined by the news. But Bitcoin has already developed a fairly strong immunity against them. Therefore, it is not necessary to wait for strong jumps in the market value. On the other hand, no major players are interested in the collapse of the main cryptocurrency, and the lower limit of volatility is still determined by the level of profitability of mining. When it …
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