The number of hedge funds and regulated company which trade digital currencies has grown to 120, with about $2.3 bln in total assets under management and laws, according to the financial research firm Autonomous Next.

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Cryptocurrencies have attracted only a small number of institutional investors and traders because most o them remain skeptical dye the volatility of the crypto market. The latest criticism comes from legendary investor Warren Buffet, who has said that Bitcoin is in bubble territory.

BTC/USD chart from bittrex

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Bitcoin/USD

Bitcoin now is traded from 5700 to 6200 USD, bitcoin face a huge risitance line at 6300 USD,and show a gret support line at 5400 USD, the best trade to make is to open a buy order at 5500 SD to 5550 USD and to take profit around 6200 USD to 6500 USD .

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Bitcoin future will reach a new all time high if the Segwit2x hardfork is activated without any problems, but if this upegrade into the bitcoin code fail, maybe there will be a deep and long correctio into the price of bitcoin .

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ETH/USD :

ETH/USD chart from Bittrex

We don’t have any existing positions or recommendations on Ethereum. The bulls and the bears are taking a break after the hugely volatile day on Oct. 22.

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Ethereum face a huge risitance line at 315 USD, we recomond a long term trade on ethereum with a stop lose at 310 USD if thee price break this risitance line, the objective target will be 353 USD, also if the price go into a correction to 277 to 287 we advice you to buy at this levels. and to hold for a long term postion with a target profit at 353 USD .

LTC/USD :

LTC/USD chart from bittrex

Litecoin has not been able to breakout of the range of $44 to $57.7. Therefore, our buy levels were not triggered.

The best trade to make is to buy around 44 USD to 50 USD, and to hold for long term postion, the profit target will be 70 USD .

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