Hi hive friends
Hopefully all of you are fine. At the moment, the only news circulating in the market is whether the bitcoin will go up or down in the coming days. After five days of crash, the market is giving us a green signal again today, is it really a green signal or will it come down again? If it breaks below 26,500 at this point, we will see it coming down again.
If we look at the 24 hour chart today, it has given us a trade of about five hundred dollars. I would say that it falls below 25200 we can't see it going any lower. Today he has also created a new support of his which is above 27 thousand two hundred, currently he has three main support.
The way we see it today is that it has broken its Support, gone down and then immediately gone up again. Today's closing should be above 41cents in any case. Only then we will be able to say that in the coming days we can see it going up again if its support remains.
The way we look at its 24-hour chart, we see a double bottom forming inside the short, and anyone who uses the crypto knows that this pattern is bullish. If Bitcoin starts to go up again from here and goes to 30,000, we can comfortably see hive once again above 50 cents.
We all know the economic situation of the United States at the moment, the way we see that there are eight countries that have decided that we will no longer trade the world in dollars, which is why the United States Very worried. The big news today is that many of the states in the US have accepted that the dollar is depreciating around the world. That is why the interest rates are being increased again so that USU can handle its own economy.
If you look at his chart today, the same thing happened that the money that came into the market came into Bitcoin more and therefore his dominance went up. If this continues, once again we will see the rest of the market go down over the next few days.
[You all have to tell me in the comments what you think we will see Bitcoin at 50k or 20k in the coming days.]
