what happened yesterday coinbase– BUSDcrisis, the cryptocurrency market negative affected, today Bitcoin ( BTC) and how is the cryptocurrency market progressing?
The BUSD crisis, which has marked the last time, flared up again with the statement made by the Coinbase crypto exchange last night. BTC, which has turned its direction up in recent days, has been greatly affected, especially by the statement made by the Coinbase exchange. 25,000BTC, which targets the dollar levels again, incoming fud newswith on your way continue will be able to me?
Bitcoin (BTC) Chart Analysis
BTCWhen examining the 4-hour time frame for technical analysis, 25,000It is observed that the dollar level is tried one after the other and the hard selling encounters with someone else. of BTCIn order to be able to talk about the bullish scenario, the priorities 23,600Permanence above the dollar level should be observed. BTC, if it manages to hold above this level, 24,400 action at the dollar level should be observed. The possible decline scenario is BTC, 23,340if it cannot find enough buyers at the dollar level 22,630There may be a pullback to the dollar levels.
Bitcoin Dominance, What is the Latest Situation for Altcoins?
still in the risk zone in terms of price BTC has come to take the risk for the level of dominance. approximately percent 43.75 dominanceresponse from the BTC , watching the support level for the current situation. Percentage 4 With the exceeding of 4 dominance levels, decreases can be observed on the altcoins side. For a possible rise scenario on the altcoins side, BTC dominancepercent of the level 43.60The relaxation process can be followed.
Market Value Analysis for Bitcoin
With the BTC price falling, BTCThere were also decreases in market value. 440 billion dollarbacked by market value BTC, again 448 It has exceeded its market value of billions of dollars. Crypto market value risein order to continue, BTCmarket value 452 billion dollars can be followed permanently. possible to happen dropin the scenario 440 billion dollarmarket cap can work as support again.
