If you missed the latest news of Bitcoin, you should know that the criptomoneda has slowed down after a roller coaster of a few months. While the current trend is for a slow fall, the fluctuations have become scarce. This gives operators a moment to recover and think about the opportunities that are coming to invest in brokers like ETFinance For this reason we advise you to take this time to read some articles about Bitcoin, and do their trades before the next big climb. But, please, remember: the faster you act, the more potential you will have to ride the next big wave.
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ETFinance a broker for you
However, the time to act is very important to decide wisely which shall be the broker with which we will work. Therefore, a broker who does not provide us the capabilities that we require to carry out our investment strategy. It would be a hindrance more than a tool to achieve our goals. And in this sense, ETFinance is one of the trading platforms most competitive in the market. Located in Cyprus, which guarantees the security of operating under the rules and protection of the European Union. This broker offers to us all the capabilities we require to operate with cryptocurrencies, contracts for difference, stocks, commodities, among others. The use ETFinance, you’ll be able to choose which type of account best suits your trading requirements. While carrying out operations, taking advantage of the MetaTrader 4 platform, one of the most advanced operations with cryptocurrencies. In addition, in a time in which the movements in the price of Bitcoin are so difficult to predict. ETFinance allows you to use a demo account for 7 days, where you’ll have a $ 100,000 digital to try out all your strategies. Before putting real money at risk in the crypto market.
The price of Bitcoin
All of these features are very important in a period in which the price of Bitcoin has presented a marked volatility. Witnessing collapse, sudden and large increases in weeks or even days of separation. Which makes it very difficult to predict where will go the market of Bitcoins, especially for the amount of outside influences that operate within it. Changing in one direction or the other the tendency within the crypto market. So, we were witnesses as a fall in the price of Bitcoin below the minimum level of purchase for the crypto-whales. In addition to the support provided by the President of China, Xi Jinping, the development of technology Blockchain in their country. Led to a significant growth in the price of BTC. The price of Bitcoin suffered a major upside this 25 of October, which, however, was not enough to avoid the downward pressure on the market. Driven by the news that the Federal Reserve of the united States would not conduct additional cuts in the interest rate this year. As well as by the attempt of the government of China to stem the crypto-optimism in the market, then the statements of Jinping. The bullish rally did not last long, dropping the price of BTC on the 8th of November until Reaching the current situation, in that after a brief spike in the price yesterday, the price of BTC stays below $ 9,000. What that has resulted in a situation of tense calm, in that market participants are prepared for the next movements of the criptomoneda. Current price of Bitcoin For this reason, it is necessary to stay informed of the latest market movements. Which has news and analysis published in CriptoTendencia. Thus having the opportunity to take advantage of this information, and make good investments through brokers such as ETFinance. The following two tabs change content below. Student of International Studies, interested in issues of economy and international politics. Passionate about the progress of the Fourth Industrial Revolution in general and the cryptocurrencies in particular.