Hi hive friends.
Hopefully all of you are fine. For the past few days we have seen Bitcoin move up and down very little, today we can see that there is only a four hundred dollar trade in it. Its standing still is both a good sign and a bad sign
If it stays above $28,000 like this for a few days, we can comfortably see the next pump in it to take it up to $32,000. At the moment, people are just watching whether the market goes up or down. If it stays here for some time, those who want to buy it from the bottom will start buying it at this point and then it will go down. You will see the market going up
The scene of hive is also in the same way, it has also stopped at a place, as we see how many times it was coming to forty cents and going above it, but today it has supported forty one cents. What is used as
Whenever the market goes into such a scenario, there is a 70 percent chance that it will go down and a thirty percent chance that it will go up, and the way the clock is now, I'd say it could go up. Because there is a lot of fake news going around in the market but still it is not coming down.
If we look at the value of the dollar at that time, it came down yesterday but now it has started to go up again, if it continues to go up like this, then it will confirm that the market has come down. Due to bad news, people are once again putting all their money into the dollar
We're all looking forward to seeing something else over the next few months, but what I'm saying here is that until Bitcoin's dominance falls below forty, we can't see anything in the market. At this time we can see neither anything going up nor coming down. In such a scenario, either the market goes up a lot or it goes down a lot, see what happens this time.
It’s good to see things in the green! I wonder if it will stay that way, as tomorrow marks a new quarter in the fiscal year for banks and companies. If we can hold up some good prices tomorrow then I think we should be heading into good territory.
Yeah Bitcoin must hold 26500 area then it go up again.