Hi hive friends.
Hopefully all of you are fine. The big question today is whether or not Bitcoin in the market will go up to 35,000 in the next few days. Is this pump that has come only to liquidate short positions. I have to say here that by tomorrow it won't go to 35000 because it has another huge resistance at 32000.
The way we see the last 24 hours and bitcoin is trading above 30,000, that's very good sign for the market. As you can see in the chart, shortly before it has tried to break 30500 and move higher, but it has been rejection immediately.
If we recall the previous bull market, it was the same scene as it is now that six months ago Bitcoin and we started going up. It is still going like this you can see the whole market no other coin is going up only these two are going up. As you can see hive has only traded two cents in a full 24 hours and that too seems to be stuck with the market.
Now as long as the people continue to get profit from the two big coins, they will not come to the coins below at all. As soon as the market for both of them comes to a standstill, people will start putting all their money into altcoins.
It's still not coming down the way it should because a lot of people are putting their money into crypto right now. If that support is at 100, if it breaks, then we It will look very run down.
The biggest problem that is going on in the market right now is that Bitcoin dominance break his resistance and going up. And now his next resistance is on the Forty-Nine. If it breaks, then it's going to go up a lot, and all the money will just come in the Bitcoin and we'll see Bitcoin up to $40,000.
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