BITCOIN
מעודכן
Hello Dear friends. In this chart, I want to first give an overview of the bitcoin situation and the market, and then write my own analysis.
Bitcoin has penetrated the support range of $ 38,000 in the last 24 hours, declining about 1.68% and falling to about $ 37,400.
The total market value of digital currencies lost $ 1.7 trillion to $ 1.69 trillion.
Bitcoin dominance is in the range of 42.19%, which is an increase over the previous day, indicating a more significant decline in Altcoins than Bitcoin.
In the last 24 hours, 159316 transactions were liquidated!
In the past day, the volume of liquidated transactions has increased significantly, indicating more traders' activity in this market.
The fear and greed index reflects the extreme fear situation in the market.
Bitcoin continued its downward trend towards lower support yesterday, precisely from the range of minor resistance in the 1-hour timeframe.
The $ 37,500 support reacts due to the overlap of static and dynamic support areas. Static support is priced at $ 37,390 to $ 37,000 and support for the bitcoin short-term uptrend channel in the area, and the downtrend Wedge floor also acts as a dynamic support.
There are no signs of strong buying pressure on the daily time frame chart yet. But within the current support range, there is the potential for a return, at least as a pullback, to the $ 39,000 range.
The next point is that Bitcoin is not far behind its medium-term uptrend channel support right now. Therefore, before the start of the uptrend, there is at least a possibility of a momentary price collision with support in the range of $ 35,780 to $ 34,000.
Bitcoin dominance rose to 42.5% as expected, and with its bullish strength, it even advanced to the 43% range. This indicator of Bitcoin can be favorable if this index continues its upward movement and the resistance in the range of 42.77% to 43% becomes support. Currently, if this resistance prevents further growth of this index, the decrease in bitcoin dominance could be a sign of the growth of altcoins and compensate for their devaluation in the short term.
Bitcoin has penetrated the support range of $ 38,000 in the last 24 hours, declining about 1.68% and falling to about $ 37,400.
The total market value of digital currencies lost $ 1.7 trillion to $ 1.69 trillion.
Bitcoin dominance is in the range of 42.19%, which is an increase over the previous day, indicating a more significant decline in Altcoins than Bitcoin.
In the last 24 hours, 159316 transactions were liquidated!
In the past day, the volume of liquidated transactions has increased significantly, indicating more traders' activity in this market.
The fear and greed index reflects the extreme fear situation in the market.
Bitcoin continued its downward trend towards lower support yesterday, precisely from the range of minor resistance in the 1-hour timeframe.
The $ 37,500 support reacts due to the overlap of static and dynamic support areas. Static support is priced at $ 37,390 to $ 37,000 and support for the bitcoin short-term uptrend channel in the area, and the downtrend Wedge floor also acts as a dynamic support.
There are no signs of strong buying pressure on the daily time frame chart yet. But within the current support range, there is the potential for a return, at least as a pullback, to the $ 39,000 range.
The next point is that Bitcoin is not far behind its medium-term uptrend channel support right now. Therefore, before the start of the uptrend, there is at least a possibility of a momentary price collision with support in the range of $ 35,780 to $ 34,000.
Bitcoin dominance rose to 42.5% as expected, and with its bullish strength, it even advanced to the 43% range. This indicator of Bitcoin can be favorable if this index continues its upward movement and the resistance in the range of 42.77% to 43% becomes support. Currently, if this resistance prevents further growth of this index, the decrease in bitcoin dominance could be a sign of the growth of altcoins and compensate for their devaluation in the short term.
הערה
The current Bitcoin hash rate has reached new All-Time Highs after cutting through its April 2021 highs and heading straight up toward new highs. This means that BTC mining is gradually becoming harder to mine, and new blocks will likely push the higher hash rate. This is a clear indicator of what we can expect for the rest of the year, and we’re ready for it.
💎 We believe that everyone can trade and deserves the opportunity to succeed in the world of cryptocurrency and take advantage of its potential.
🥇Join our free Telegram channel ➜ t.me/monocoin_public
👤Admin ➜ t.me/monocoin_admin
🥇Join our free Telegram channel ➜ t.me/monocoin_public
👤Admin ➜ t.me/monocoin_admin
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.