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The foreign exchange market. Bitcoin will resume its fall

Forex Club 21.07.2017 at 15:19

Reducing Bitcoin in district level 1807 investors have been perceived upbeat and they quickly bought most of the drawdown. But, taking into account the fact that while there is no absolute clarity regarding activation of the new Protocol, downside risks remain.

It is about scaling your network goes a long time. July 21 activated Protocol Segregated Witness, followed by increasing the block size to 2 MB. And since then, the miners should begin to use it for signaling in support of SegWit2x. Only if this Protocol will be used when creating 80% of the blocks for more than two days, the threat to the separation of bitcoin will decrease.

But not everyone is so sure. For example, in Japan, where the bitcoin recognized as legal tender, the 13th largest cryptocurrency exchanges suspend the ability of the I / o bitcoins. It is expected that these operations will only resume on 4 August.

Thus, in the best case, next week bitcoin will be maintained in the range 1900,00 – 2690,00. This means that in the region of the upper bounds is to consider its sale.

Warning: Profitability in the past does not mean profitability in the future. Any projections are for informational purposes and do not guarantee results.

build your portfolio and have a rest without losses! The forecast for the 3rd quarter of 2017

This summer will be boring. Too many surprises can prepare us market. And unpredictable. Which currency will be the weakest in the 3rd quarter? On which index to make a bet? What metals will rise in price? Should I buy aproactive? All of these questions you answer, the analysts of Forex Club in the next quarterly forecast. But there's a surprise for you.


bitcoin, Japan, SegWit2x, crypto currency exchange, the Forex club

Not found economic events 2017-07-24 on 2017-07-28