Cryptoreport for December 20

It seems like cryptomarket started to recover. The oldest cryptocurrency bounced from the $3,222 level on December 15 and continued to move up during the first days of the week. On Wednesday, Bitcoin has managed to rise above the $3,900 level. Some of the analysts suggest unrealistic forecasts for the last weeks of the year. For example, Bitcoin’s co-founder at Satoshi School see cryptocurrency to reach $20,000 by the end of the year, while Tom Lee from Fundstrat expects it to stay somewhere between $13800 and $14800. Do you believe it will happen?  For now, if bulls continue to push the price of digital asset further, they will manage to break the resistance at $3,750. The next resistance is placed at $4,337. In case of bearish pressure, Bitcoin will fall towards the support at $3,222.


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FOMC Meeting, Gold Plunge, and Pound Decrease | Market News
FOMC Meeting, Gold Plunge, and Pound Decrease | Market News

Although the last week was intense, this one may be more dynamic and volatile. After the FOMC meeting and controversial decisions from the Bank of England, we saw a historical pound decrease, and the gold plunge. And there’s even more for you.

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