Bitcoin (BTC)continues its decline, which it started recently, BTCWhat is the price level and market conditions on the other side?
FedAfter the last meeting organized by , the price started to decrease. BTC, self 23000has not yet been able to reach the dollar level. 15,500The upward trend since the dollar levels BTC It also created great opportunities for altcoins. Parameters such as meetings, interest, inflation in the global economy BTC continues to shake. last weekend 22,600 in BTCup to the dollar level We’ve seen pullbacks happen . Pullbacks to this strong support aroused fear in investors.
Current Analysis for BTC, Where Is The Price Heading?
BTCto the graph 30 minutes Looking at the time frame, it is seen that it is actually watching at an intermediate price. Strong support 23,300when below the dollar level 22.965 There was a pullback to the dollar level. Investors BTCcould not take a strong stance for its price, sellers showed dominance. BTC, 22.965- 22,560 settled at the price between the dollar. According to the reactions he received at this intermediate price 22.965if it goes above the dollar again 23,300dollar levels, 22,560if it falls below the dollar level 22,280Withdrawals can be observed up to the dollar levels.
Bitcoin Dominance, What is the Latest Situation for Altcoins?
BTC, percent in a thirty-minute time frame 43.37– 43.33 levels have turned the dominance level into support. Possible bullish scenario on the basis of altcoins 43.34– 43.33It can start with the breaking of the support. BTC dominancefor 43.68with 43.98Exiting the level may cause price pullbacks on the basis of altcoins.
Market Value Analysis for Bitcoin
The leader of the crypto industry BTCrecently started to lose strength . Market value has fallen for a long time BTCAlthough showing strength, it has been on the decline again in recent days. 429 billionContinuing to maintain the dollar market value as support BTC, in a bullish scenario 452 billionhas run the dollar market cap as resistance.
The current price of Bitcoin is as follows;
Bitcoin (BTC)
