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Bitcoin exchange rate: analysis of market news, December 29, 2018

As of 16:00 GMT on 29 December, the bitcoin market is estimated at $68.3 billion, According to CoinMarketCap, 28 Dec volume the market capitalization of BTC, against the background of large purchases cryptocurrency and close in the footsteps of the marginal portion of short positions has increased by $4.8 billion.

At the time of the review the weighted average price of bitcoin has a value of $3917. On the major stock exchanges for a coin BTC to USD is quoted at $3870 in the daily range of $3940-3840.

Статистика CoinMarketCap
Statistics CoinMarketCap

Most analysts rate the last price surge to market bitcoin as the attempt of a group of big players to protect their long positions, as from a technical point of view, at the beginning of the session, on 28 December, the market was aimed at further reduction of price of BTC to its annual lows.

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