Bitcoin, which is at the level of 22 thousand dollars ( BTC), continues to give warning signals for crypto investors.
Yesterday With Powell’s speechtogether, Bitcoin ( BTC ), the risky process continues. For current status at critical level watching BTC can determine the direction decision in line with any development. A chain of negative news It caused sharp drops on the BTC side, as the current status 22. 000 dollarslevel of BTC price decisiongetting closer and closer.
Bitcoin (BTC) Chart Analysis
on the BTC side 4 hoursConsidering the time frame, for the price to move up, 23. 630 It can be observed that the dollar level is permanently exceeded. Currently at critical price BTCdoes not find enough buyers in the crypto market 21. 400 may experience decreases to dollar levels. Recently from fud newsaffected BTCis in the decision-making process.
Market Value Analysis for Bitcoin
With the ongoing Fud news in the crypto market, BTCThere were also large decreases in market value. BTC, 420It is above its market value of billions of dollars. BTCmarket value risein order to take action, 430 billion dollarmarket value permanent can be expected to exceed. Possible market value dropin the scenario 417 billion dollarlevel can be followed as support.
Bitcoin Dominance, What is the Latest Situation for Altcoins?
The price is in the critical area. BTC is advancing in risky areas for dominance level. approximately percent 43.55 dominanceresponse from the BTC, percentage 43. 70On the side of altcoins by exceeding the dominance level falls likely to be observed. In order for the bullish route to be formed on the altcoins side, BTC dominancepercent of the level 43.40The relaxation process can be followed.
