The index BITA Crypto 10 aims to provide a transparent and objective performance of the price of a basket of cryptocurrencies leaders, as measured against the us dollar, which is traded in the exchanges of digital assets well established. In the month of February before the outbreak of the pandemic Coronavirus in Europe and the U.S. the index Crypto 10 reached its maximum annual 3.920 points, and then fall to the 1.710 to mid-march. Now recovering to near 2,800 points. The Crypto 10 is one of the most important indexes of the market of the cryptocurrencies, since it lets you know at a glance where the trend of the Tokens most important of the ecosystem. As can be seen in the graph below, the Crypto 10 has taken a path upward since mid-march. The great resistance to overcome are the 3000 points, which to overcome them the Bitcoin should reach the precious 10k. How this will be achieved with the imminent halving of Bitcoin? Graph of the index of the Crypto 10 of 2020 The halving of Bitcoin is planned for the 11th of may, only 8 days at the time of writing. Analysts most optimistic predict that may be very conducive to the price of BTC, so for the Crypto 10. As we come closer to halving the price of Bitcoin tends to appreciate, we will see if it is possible to maintain this trend… I Hope that when you make the halving does not apply the old saying of the bag: “Buy the rumor and sell the news”. Short-term the great resistance to overcome are in US$ 9.400, value reached last Thursday. The next level is the psychological barrier of US$ 10,000. In case of breaking that level there are no impediments to the BTC climb up to 13.8 k, the maximum 2019. If you are a trader and short-term bets on the rise of Bitcoin and other cryptocurrencies, you can invest directly in the index Crypto 10 by means of a contract for difference offered by the broker Plus500. You think, how The halving will affect positively or negatively the price of Bitcoin? Let us know in the comments box.
