On Tuesday, December 7, the price of bitcoin is rising. At 09:55 Moscow time, the first cryptocurrency is trading at $51,184.61 (+6.2%), according to CoinMarketCap. Ether rose to $4355.47 (+6.49%). Binance Coin rose by 7.87% to $588.55. The FxPro team of analysts notes: "On Monday, along with an increase in risk appetite in global markets, consumer interest in cryptocurrencies returned. Over the past day, BTC/USD has been adding 6%, trading just above the $51,000 level. The RSI index on the charts of daily candles retreated from the area below 30 (oversold area). The price has found support for buyers at an important level of the 200-day moving average. So far, we are witnessing the implementation of a very optimistic scenario for bitcoin, when it receives steady support from bulls that prevent it from falling into an uncontrolled fall. A little earlier, the ether managed to resurface above the $ 4000 mark, which also allowed a lot of altcoins to breathe more freely from the recent sale. The cryptocurrency fear and greed index added 9 points to 25 in a day. This is still a zone of extreme fear, but the latest dynamics of the largest coins indicates that now this is the moment for investors to enter with an increased appetite for risk."
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