Cryptocurrency prices analysis and forecast – 6 November 2018
BTC/USD
BTC/USD is being traded at $6,467 and is in correction after growth. The growth that we saw at the weekend was promoted by a sharp rise in the price of Bitcoin Cash coin, and on November 15, the BCH network is waiting for its own hardfork. Support for the upcoming Bitcoin Cash update has already been announced by Binance, OKEx and Coinbase. Therefore, until this time, a correction and a flat movement will likely be observed. Also, the suspension of growth can contribute to a negative news background, on the volume of exchange trading. These reports published, following the results of October, a number of cryptocurrency exchanges. For example, on the Hong Kong OKEx and the Singapore Huobi, they fell by 47%, and on the American ...
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