The crypto market continues to decline with negative news from stablecoins, Bitcoin (BTC) and market assessment.
In the crypto market after BTC tests $ 25,250 buyers had weakened . With many negative news overlapping as the triggers of the decline, BTC 20. 000 dollar has reached the level. Especially in stablecoins Ongoing problems have panicked the crypto investor. These problems are not limited to crypto alone. bankingcontinues in the industry.
Bitcoin (BTC) Chart Analysis
on the BTC side 15 minuteslooking at the process continuing price decline is seen. For the price to move upwards. 20. 450 It can be observed that the dollar level is permanently exceeded. Currently at intermediate price BTCif it cannot find enough buyers in the crypto market 21. 190 may experience decreases to dollar levels. coming in the last days fud newsshaken by BTCif it fails to sustain the close support at $19,560 decline can be accelerated.
Market Value Analysis for Bitcoin
With the successive Fud news in the crypto market, BTCThere were also sharp decreases in market value. BTC, 377 billionThe dollar is above market value. BTCmarket value riseso that it can move forward, 403 billion dollarmarket value permanent overshoot can be tracked. Possible market value dropin the scenario 377 billion dollarlevel can act as support.
Bitcoin Dominance, What is the Latest Situation for Altcoins?
Watching at intermediate support in terms of price BTC has reached the intermediate level within the dominance level. approximately percent 42.81 dominanceresponse from the BTC, percentage 43. 60On the side of altcoins as it exceeds the dominance level falls livable. On the altcoins side rise directionalFor acceleration to occur, BTC dominancepercent of the level 42.80The relaxation process can be followed.
