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Bitcoin exchange rate: analysis of market news December 18, 2018

According to CoinMarketCap, the volume of the market capitalization of bitcoin at 15:00 GMT on 18 December was $61,3 billion Over the past 24 hours the maximum growth in capitalization was $5.6 billion, at the level of $62.7 billion

Total average daily trading volumes on bitcoin, amid rising market also grew from $3.5 billion to $6.0 billion, which in turn gives a signal about a possible reversal of the bearish trend.

Статистика CoinMarketCap
Statistics CoinMarketCap

On bitcoin exchanges bitcoin in pair with the U.S. dollar during the current session, trading in a relatively narrow range of prices of $3540-3440.

According to technical analysis of the currency pair BTC/USD, scriptactive is in short term uptrend, in the phase correction of the trend. To state the reversal of the primary bearish trend will only be possible after the recovery of bitcoin prices above $4700.

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