Bitcoin (BTC), as the price continues to hover around intermediate support levels, BTCWhat is the price level and market conditions on the other side?
BTC, which has a support channel recently 23,330It broke the dollar level and settled on a lower support. BTC, the price has not yet 23000 It has not been able to reach the dollar level. The uptrend, which has been going on for a while, altcoinsand created great opportunities for BTC.
Parameters such as meetings, interest, inflation, which are the realities of the global economy BTC continues to impress in terms of price. Recently, 22,600 of BTCup to the dollar level We have seen a retreat . These pullbacks have raised concerns among investors that the price may drop further.
Current Analysis for BTC, Where Is The Price Heading?
BTCgraph 15 minutesLooking at the timeframe, the price is close to resistance. 22.965 appears to be at the dollar level. with close and strong support 23,300As the price continues below the dollar level 22,600 There was a retracement in the price up to the dollar level. Investors for now BTCReceiver does not continue. BTC, 22.965– 22,560 It is sitting at the price between the dollar. In line with the reactions he will receive at this intermediate price 22.965if it goes above the dollar again 23,300dollar levels, 22,560if it falls below the dollar level 22,280Price decreases may continue to be experienced until the dollar levels.
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Bitcoin Dominance, What is the Latest Situation for Altcoins?
BTC, percent in the half-hour period 43.40And 43.37– 43.33levels dominance level of support. In order to talk about a possible rise scenario about altcoins 43.34– 43.33The support must be broken down. BTC dominancefor 43.60exceeding the level 43.68with 43.98moving to the level for altcoins price pullbacksmay cause.
Market Value Analysis for Bitcoin
Pioneer of the crypto industry BTC,recently began to lose buyers . since last year falling market value BTCstarted to show strength in the last few days. 439 billion dollarsr and 429 billionacquiring the market value of USD as support BTC, in the market value rise scenario 452 billionIt can run the dollar market cap as resistance.
The current price of Bitcoin is as follows;
Bitcoin (BTC)
