Bitcoin (BTC), which has shown a great rise with the announcement of the US inflation data in the past days, may have come to the decision stage.
BTC, which increased from $ 19,550 to $ 26,390 in the recent period, increased by approximately 35 percent. The leader of the crypto industry has gathered incredible volume in the market with this sharp rise. in the past days FUD your newsBTC, which has been experiencing a price decrease due to the effect of the coin, is currently hovering above $ 24,000.
BTC, which has come to the decision stage in order for the rise to continue, How can it follow?
Bitcoin (BTC) Chart Analysis
FUD newsby succession 19. 560instant to dollar level fallingBTC, gathered a lot of strengthlooks. 19. 560 dollar It has resurrected the crypto market for now, by capturing an upward momentum from the level. In order to talk about possible rises in the crypto sector, BTC’s $25,250“ permanent way exceed “It is of great importance. especially banksrelated to FUDIn the scenario where the news continues, BTC’s 23,900 dollarup to the level dropseems likely to survive.
Market Value Analysis for Bitcoin
After the release of US inflation data BTCfor market value hard pricingseen. BTCfor now, 467 billiondollar is above market value. BTCmarket value risein order to continue, 481 billion dollarmarket value permanent way of overcoming it is of paramount importance. livable market value dropin the scenario 452 billion dollarlevel can act as support.
Bitcoin Dominance, What is the Latest Situation for Altcoins?
of BTCone of the main factors in the rise of USA inflation of datawith the announcement, BTC dominance Significant increases were observed on the other side as well. Looking at the 4 hour time frame, of BTCin the sense of dominance peakWe see you do it. BTCWith the retreat in the price, pullbacks were observed on the Dominans side. AltcoinsPercentage of Dominance level for bullish scenario 44.85It’s important to relax. BTCpercent of domina again 46.19for altcoins to test levels in price suppression can create.
