Bitcoin Today: Will this fight be easy?

4 mag 2018

Price
As was expected, the breakthrough of the 9250.0 brought the price to the 9500.0 – 10000.0 zone. Daily peaks of volume is near to the 9700.0 level, approving the bullish tendency. Nonetheless, 10000.0 level appears to be not only psychologically significant as a number but also as a borderline between 61.8% Fibonacci zone and 50.0 % zone. A breakthrough above 10000.0 level should be accompanied by big volumes and high momentum. Otherwise, movements above 10000.0 should be valued as a false. Support for the bullish scenario is 9500.0 level, as long as the price will hold above this level the probable scenario would be a breakthrough in near-time.

Today forecast
Trading between 9500.0 – 10000.0 zone. Possible breakthrough above 10000.0 level.

Latest news

• Major Belarusian Bank Starts Offering Bitcoin CFD as Belarus Gets Less Crypto Friendly. Mtbankfx is an accredited FX dealer and the first banking forex platform in Belarus. Launched in July 2016, it is a joint project between Minsk Transit Bank (Mtbank), one of the most well-known banks in Belarus, and Swiss Dukascopy Bank SA.
  The platform will start offering a bitcoin CFD product next week, according to local media. It has already added information and updated its terms of service to reflect this new offering.
  On March 29, Switzerland’s Dukascopy Bank SA launched its own BTC/USD CFD product for European clients. “Bitcoin to US Dollar (BTC/USD) with leverage 1:3 has been added for live trading,” the company stated.
  Belarussian local media reported this week that amendments to that decree are already being prepared to obligate cryptocurrency exchanges operating within the High-Tech Park (HTP) to disclose their data and identify customers.
  Ria Novosti’s source explained that “beneficiaries must meet the requirements for reputation” such as having no criminal record and no bankruptcy proceedings against them, in whole or part. “They should [also] show the availability of funds in accounts of at least $5 million and confirm the sources of their origin.”
  
• Bitcoin Smart Banknotes Launched in Singapore. Digital asset banknote manufacturer Tangem announced the launch of smart bitcoin banknotes at the Megafash Suntec City store in Singapore on Thursday. With headquarters in Switzerland’s cryptovalley Zug and Hong Kong, Tangem also has offices in Singapore, Moscow, and China, according to its website.
  The company says it “is delivering the first shipment of 10,000 production notes to prospective partners and distributors around the world for commercial pilots.”
  “Available immediately in denominations of 0.01 and 0.05 BTC, Tangem Notes radically improve the simplicity and security of acquiring, owning, and circulating cryptocurrencies for both sophisticated and incoming users.”