How are you . i hope all the members are good and enjoying their weekend . today i am going to talk about bit coin and crypto currency.
Question is is bearish trend is over ?
The answer is no we are still in bearish market .
second question is when it will over ?
answer is as we all know crypto market is highly volatile market. it is impossible to tell when this trend will over , but hope it will over soon.
now to the main topic which is bitcoin i had done some research on bitcoin . as all we know all crypto market is in down trend .if we see the graph whole market is on 1.2 T which fall from 2.4 T .which is almost 50%.
reason of falling market is some bad news about crypto from china ,Iran and some famous people .
if we look to bitcoin. it is on 31k $ which also fall from 64k $.
now current situation bitcoin also made dead cross. so big investor is in panic.
in 4 hour graph it is also making bearish trend . which is painful for bit coin holder . i think people are waiting for bitcoin to come on 20 k $.
if we talk about bitcoin dominance .it is on 47% which is good . it means 47 % investment is still in bit coin which is good new.
thank you for reading i hope yo like it .
