Bitcoin, largely in response to the calm newsletter, formed a corridor of consolidation within 6350-6480.
One of the largest financial institutions Morgan Stanley in its analytical report notes the increased attention to bitcoin in particular, and the cryptocurrency market in General, from the institutional players. Which is expressed, among other things, in a growing number of appropriate investments, which exceeded $ 7 billion. It is noted that this figure is not the limit. And one of the motivating factors in the coming months will be the launch of several new cryptoplasm carried out by several major players. In particular, Fidelity Investment announced the opening of a service cold storage scriptaction Fidelity Digital Assets, the launch is scheduled for early 2019. But cryptocurrency exchange Bakkt from the ICE company at the moment already passes the stage of ecosystems.
Technical analysis of the bitcoin may come down to the figure below 6200 and if it happens, the next possible destination will be the 5900. Makes sense also to believe that it could rise to 6520 will overcome the mark of 6650, with a further attack on the 6800.
The analyst of the Forex broker Weltrade
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