#BTC and Market UPDATE
BTC has been rejected twice to break above 10K Zone, overall BTC is short-term bearish and keeping in view continuous rejections for upward movement, BTC is set to move downward for 8k or below.
if we look at Marketcap, it has been went down from 500 billion+ to less then 400 billion since BTC was rejected from 11.7k twice and Marketcap is also struggling to hold upward, If BTC moves upward and break 11.7K and marketcap moves above 550 Billion + then crypto market and BTC will be in bullish mode But at the moment BTC and overall cryptomarket is bearish.
