Cryptocurrency -Analysis, 1st Week- 05th July

"The secret to being successful from a trade perspective is to have an indefinable and an unlimited and unquenchable information on the information and knowledge." - Paul Tudor Jones

Cryptocurrency Market has seen a ray of hope in the current week with the total market capitalization regaining strength by 15% in 4 days. Presently, traders and investors have associated value to the flag-bearer currency at $ 5,700 level post the forced fall down $ 6,000 Against the same, the whole of the markets gained a sharp positive momentum in the week.
Bitcoin:



Bitcoin is a representation of about 1.85% in last 24-hours trading close to $ 6,600

BTC has gained close to 18% from it's current year all time low of $ 5,755 The move was supported with decent volumes and the most important resistance of 20-day EMA was crossed and has been sustaining well over the same.