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@BOMBERuss more from that month

On Friday, October 8, the price of bitcoin is falling. At 09:40 Moscow time, the first cryptocurrency is trading at $54,092.99 (-0.95%), according to CoinMarketCap. Ether rose to $3572.05 (+0.95%). Binance Coin fell 0.87% to $432.7. The FxPro analyst team notes: "After an impressive growth, bitcoin began to adjust, but so far the scale of the decline is very moderate. Over the past day, bitcoin has been losing 2% and is trading around $54,000. Over the past seven days, the growth is approximately 23%. There's nothing to worry about at this stage. As long as the price remains above $50,000, the participants of the crypto market will calmly perceive the possible decline of the coin. However, if the round level is still broken, a large number of positions for sale may work. In addition, even relatively long-term investors can start taking profits. Now the market turned out to be in a rather overbought state, whereas fundamentally there were no special reasons for such an impressive growth. The cryptocurrency fear and greed index is at 74, which corresponds to the "greed" mode. The weekend will be another test for bitcoin, as it will become clear whether the coin will be able to keep occupied levels, and whether investors consider the recent episode of growth justified. The chosen direction of bitcoin is likely to be copied by other cryptocurrencies." #CryptoTrading

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