Special Market Update: $BTC
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Bitcoin ($BTC ) is trading at $81,362.51, after breaking above the price range ($75,000 - $76,000). It has been rising following the steepest trend line that has extended since mid-September. This move could increase Bitcoin’s dominance in the market and exert short-term pressure on alternative coins (Altcoins).
If price holds above the trend line, this breakout may extend to higher levels, keeping Bitcoin’s dominance strong and in control. However, if this level is lost, the price is expected to retest the $76,000 level, giving altcoins room to recover.
#USDT #Binance #bitcoin
➖➖➖➖➖➖➖
Bitcoin ($BTC ) is trading at $81,362.51, after breaking above the price range ($75,000 - $76,000). It has been rising following the steepest trend line that has extended since mid-September. This move could increase Bitcoin’s dominance in the market and exert short-term pressure on alternative coins (Altcoins).
If price holds above the trend line, this breakout may extend to higher levels, keeping Bitcoin’s dominance strong and in control. However, if this level is lost, the price is expected to retest the $76,000 level, giving altcoins room to recover.
#USDT #Binance #bitcoin
