16.12.21 [Přehled trhu + BTC] Weekend for Bitcoin’s drop from $ 47,800 to $ 44,000 ?!

Is Bitcoin (BTC) waiting for the slump again? The chart shows signs of an impending bearish move on Bitcoin and a drop to support of $ 44,000 – $ 42,000.

The global cryptocurrency market capitalization is 2.47 trillion USD, a 0.11 fall in the last day. The total volume of cryptocurrencies in the last 24 hours is $ 112 billion, an increase of 24%. The total volume in DeFi is currently $ 12 billion. The volume of all stable coins is now $ 98 billion.

The price of Bitcoin is currently 47 505 USD dle KMC.

BTC dominance is currently 41.3%, down 0.16% per day.

Technical analysis BTC / USD

On Thursday night, Bitcoin’s exchange rate was $ 47,800. In the chart, we follow the resistance line at $ 51,000 of the emerging triangle with support at $ 42,000.

Within the chart, we are watching another refusal to go up the price highs and break the bearish channel after a failed Fed match. Over the weekend, the Bearish Channel is expected to move below $ 46,500, initially to $ 45,000 – $ 44,000 or less.

Unless the resistance line bearish trend is broken, there is no question of new highs on Bitcoin. With Christmas approaching on the contrary, the choice of Fiat and the sale of bitcoins or the reluctance of investors to translate during the holidays are expected, which may cause the sale of their positions and the final decline of Bitcoin.

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ATTENTION: No data in the article is an investment board. Before you invest, do your own research and analysis, you always trade at your own risk. The kryptomagazin.cz team strongly recommends individual risk considerations!

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