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The future Bitcoin are a reality. Are we going to see the Bitcoin ETFs soon? Why not? A Bitcoin ETF will help the masses and institutional investors take positions in the new asset class. The scrutiny and regulations that accompany these new offerings will also boost trust in cryptocurrencies

Now even political leaders warn that the current banking system may be on the way out.

However, although these developments are positive for the future of bitcoins and altcoins, they will continue to be a roller coaster to the final destination. Therefore, we believe that borrowing money to negotiate or mortgage the home to invest in bitcoins is not a good strategy.

Although the long-term trajectory may be increasing, intermittent falls will be steep and cause a lot. pain to the people who bet the house for the cryptocurrencies trade. Therefore, only exchange with the money that you can afford to lose and exchange safely.

After the strong recovery, Ripple is back to the fourth niche in terms of market capitalization. Due to the frequent changes in the positioning of the seven major cryptocurrencies, we decided to include all seven in our analysis for the benefit of our readers.

BTC / USD

Over the past two days, the daily range of Bitcoin has declined, as we had anticipated in our previous analysis.

<img alt=" BTC / USD "src =" https://cointelegraph.com/storage/uploads/view/70ddda93eb266e18bb15fe8b6456233c. png "title =" BTC / USD "/> After the huge race, traders take a break, which is a healthy sign.If the digital currency is consolidating near the highest of life, the chances are that bulls will try again If successful, Bitcoin will resume its uptrend and move closer to its goal of $ 24,291.58

On the other hand, a failure to maintain above the highs is likely to # 39, encourage the bears, who will push the virtual currency to 20-day EMA

At current levels we find no attractive configuration, therefore, we do not recommend any exchange on this for the moment

ETH / USD

Ethereum exceeded our target of $ 652 and reached a high of $ 784.77, a sharp 89% increase in seven days.

<img alt=" ETH / USD "src =" https://cointelegraph.com/storage/uploads/view/7e 09edb528120487eb441f243fe36d31.png "title =" ETH / USD "/> Currently, digital currency has formed a Doji candlestick pattern, which shows fatigue.

We expect cryptocurrency at $ 643.52 and $ 599.89, which are 38.2% and 50% Fibonacci retracement levels of

The next trade set will form once the pullback finished or if Ethereum goes off again until the heights of life … Until then, we will wait.

BCH / USD

We recommended a long position on Bitcoin Cash at $ 1500 in our previous analysis Our target of $ 1750 was exceeded

<img alt=" BCH / USD "src =" https://cointelegraph.com/storage/uploads/view/d3a9237bc70e557cf34a69c3dcf1a320.png "title =" BCH / USD "/> While the digital currency is detached from the top of the range, not As a result, traders can record profits of 50% at current levels and increase the stop loss to balance on the remaining position.If Bitcoin Cash can hold itself above the top of the fork, it should get closer to its next goal of $ 2387

If the bulls manage to escape from $ 2387, a new highs test is also possible.Trade traders should record full profits if the digital currency manages to reach e levels of $ 2700

However, if the bulls fail to hold above $ 1758, the virtual currency will remain tied to the range.

Ripple soars after breaking long-term consolidation. He had started a similar gathering from late April to mid-May this year.

<img alt=" XPR / USD "src =" https://cointelegraph.com/storage/uploads/view/593600d5e46cd964157ce631c9769eb1.png "title =" XPR / USD "/> The target model on the breakout of the range of $ 0.1700 to $ 0.39887 was $ 0.67074. Digital currency has already exceeded its minimum target target.

We believe that Ripple will now face considerable brand resistance $ 0.86 Therefore, traders who are far from lower levels should reserve partial profits at current levels and hold the rest with an appropriate stop-loss.

We Can Draw

IOTA / USD

We were waiting for a break from the formation of the pennant to initiate long positions, but the digital currency has collapsed., Which is a bearish development.

<img alt=" ] IOT / USD "src =" https: // co intelegraph.com/storage/ uploads / view / 09679eb0264ad753e608b9fbce9ae925.png "title =" IOT / USD "/> We now expect the bearers to seize the opportunity and push the digital currency towards the 20-day EMA, which is near of the 50% Fibonacci retracement of the rally

Unless IOTA escaped the downtrend line, it will remain under pressure.

We will wait for the end of the fall before recommending any new

LTC / USD

In our previous analysis, we mentioned that the level between $ 312 and $ 340 is likely to act as a strong resistance and that is what happened.

<img alt=" LTC / USD "src =" https://cointelegraph.com/storage/uploads/view/06bde2ff7fe59e5f6953d33acab15ebf.png "title =" LTC / USD "/> Litecoin started a downturn after having peaked at $ 342,237.

Withdrawal has strong support at $ 243.86 and $ 213,473, which is 38.2% and 50% retracement Fibonacci After such a rally, we can see a period Therefore, we do not advise new long positions at current levels.

DASH / USD

Dash broke the resistance of $ 815 on December 12th. we were expecting a quick rally at $ 979, the bullish movement is facing levels above $ 900.

<img alt=" DASH / USD "src =" https://cointelegraph.com/storage/ If the traders have bought long positions, then the traders have bought long positions. Based on our bullish outlook in previous analysis, please reserve 50% profit at current levels and increase the stop-loss on the rest to $ 736.

The gathering looks tired, unless we see a sudden movement in one. It is therefore likely that digital currency will fall below the $ 815 mark, and we therefore propose to reduce the risk.

However, on the upside, if Dash escapes from $ 979, it is likely that we remain at 50% open positions.