Bears are stronger than bulls on the first day of the week, according to Coinmarketca.
BTC/USD
Bitcoin price (BTC) has decreased by 1.25 % over the past 24 hours.
On the hourly chart, the BTC rate looks down. The price is due to the local support of $ 93,750. If its outbreak occurs, it is possible that the decline in the area of $ 93,000 will continue.
In the larger time frame, the main encryption price is out of the main levels. Thus, the size is low, which means that neither buyers nor sellers are ready to seize the initiative. If the situation does not change by tomorrow, the side trading is within $ 93,000-95,000 is the most likely scenario.
From the mid -time point of view, the image is neutral. With the start of the week, it is too early to provide any distant predictions. Bulls may start thinking about mid -time growth in the event of the outbreak of the area of $ 100,000.
Bitcoin is trading at $ 94,161 at the time of the press.
