Hi hive friends.
Hopefully all of you are fine. Something strange has been going on in the market today as we can see the chart has shown 27300 and after that it has come up once again and stood at 28000. If Bitcoin breaks the 27,000 and 26,500 support, we will see it come down to 25,200.
As of today, we all know that anyone who uses crypto Elon has tweeted that the market must have gone up for a while but is now coming back down and that's what they tweeted about doge. He was almost 30'/' up.
There is no significant change in it today, it is standing there, but when the market came down, it broke the support that was forming at forty cents, but after a while it came back to stand there.
By the way we saw that two days ago it had a good pump in it and since then it has been coming down non-stop. If Elon musk to tweet like this, we will see the market going up, the way we remember in the last market that every time he tweeted, the whole market went up.
You can see this chart going down daily for the last few days so it means that people are bringing their money back into the crypto and it's very good if it continues drop like this. And if it gets below 100 then we will see the market may see us go much higher.
The way we're seeing Bitcoin's dominance coming down today is a very good sign and for the altcoins. So if it goes below forty, it's going to be a lot more fun because many people have been putting money on alt coins and altcoins almost down 90 percent.
In my view, BTC will continue to slowly increase in the next couple of months.
If his dominance goes down, then alts coins going up.