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@BOMBERuss more from that month

On Friday, September 24, the price of bitcoin is growing. At 09: 45 Moscow time, the first cryptocurrency is trading at $44,295. 37 (+0.95%), according to CoinMarketCap. Ether fell to $3069.85 (-1.38%). Binance Coin fell by 1.54% to $372.74. The FxPro team of analysts notes: "Bitcoin has been showing zero price dynamics over the past day and is trading around $44,000. In general, this is a good result after the recent growth, indicating at least an unwillingness to fix a "quick profit" after the growth of the asset. It seems that at the moment the reference cryptocurrency is strongly correlated with the traditional market, and the S&P 500 chart quite coincides with the bitcoin price chart. The irony of the current situation on the market is that now, even in the conditions of an extremely inflated bubble on the stock market and in the crypto sector, it is even more risky to be a bear than a bull, since all participants have already seen the complexity of the situation as a whole. While the US stimulus program is underway, the bubbles will continue to inflate. The catch is how to get out of this stalemate, in which the printing press feeds the bubble, everyone buys assets, the markets become more expensive, but at the same time investors keep their finger on the "Sell"button. Bitcoin has become as much a hostage of the situation as the stock market. It is likely that we will continue to see impressive growth, but the ending of this story is unlikely to be simple and rosy. In the short term, we may well see an increase in the asset up to $50,000." #CryptoTrading

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