First of all I want to give a big greeting to all hive friends and very specially to the members of this prestigious community as Leo-Finance is. I want to share with all of you this publication related to the events that are happening in the crypto market and the value of the main currency that is Bitcoin which is in a downward channel and this situation has all the balances in red in almost all cryptocurrencies.
For several weeks already in market is going through very hard and difficult moments, no doubt that it is due even without number of argument that have made the market fall, and that does not leave us a very encouraged outlook for an early recovery, we are talking about this a full semester so that we can see a price recovery.
As we can see in the image at the moment the value of Bitcoin is 21 K , where it has a bearish behavior and where resistance is increasingly downward, no doubt that this action that has taken the bitcoin has brought much nervousness to investors and weak hands are selling to lose more of their capital, without understanding the movements that the market is taking.
Undoubtedly this market recovery will not be easy to overcome, as it has crossed several times the support it had, which is why prudence is the least friend in these mementos, since any movement we make could be subject to a greater loss for our capital, it is best to wait a reasonable time that the market can correct and reach again a market value where it is beneficial for all.