For the fourth straight week in a row, we have more money in crypto. In this case, 10,000 million more (+1.88%).
Despite the small correction that occurred this week, we have been able to grow. We are certainly within a very bullish market.
As we said last week, a small correction is good for the market in the medium term, as it allows support to settle. Now the $ 530 billion resistance will become into support, as we are going over it.
About the Bitcoin price, looks like we will try the $20,000 resistance area again. …
And again, with this, 3 weeks in a row growing!!!.
68,000 USD million have been added to the crypto markets (+14.7%).
We need to go through this 520,000 USD million resistance to continue growing. But a small correction is even healthy for the markets (Nothing goes in a straight line).
About the Bitcoin price, what can I say…. amazing behaviour. Look to the graph. There are no red candles in the last 6 days.
The BTC dominance, it is now at 65.17%, a similar amount than seven days ago, but with many pumps and dumps in the last days, this allowed several pumps at the big alts market. …
And again, the money entered into crypto in the last week. 27,000 USD million added to the crypto markets (+6.23%).
Our moon mission continues, as we are farther and farther from our support area: 400,000 USD million.
If we check the Bitcoin price, as expected, we tried to go through the $16,000 resistance area, but the Bitcoin has been rejected in its first attempt. After the previous week rally, some consolidation is needed to make stronger supports.
About the Bitcoin’s dominance, it is now at 65.24%, a bit higher than seven days ago, but we can see how the trend line rejected it around the 66% area. …
The market grew, and a lot. 33,000 USD million entered into the crypto markets in the last week (+8.25%).
We went through the 400,00 USD million resistance. Now we see some correction. The important point is to be able to hold over such amount to continue with our moon mission.
If we check the Bitcoin price, we can see how fast we jumped to the 16,000 area resistance. Movements are not so fast, and we need some consolidation after a 1,000 USD candle before reach higher targets.
Bitcoin’s dominance, after the rapid changes in recent days, reached 66.5% zone. Now, we can see how the Bitcoin price moves slower, and the dominance corrects a bit. Anyway, with this BTC pumps, the dominance continues increasing and holds now the 64.9% area, 0.90 …
It looks like if there hasn’t been much change this week if we speak about the market capitalization as we only grew in 4,000 USD million (+1.01%). But there is a major fight going on to win back the $ 400 billion market capitalization. Soon we will see how it goes.
As we saw seven days ago, we are trying to break the 400,000 USD million since 2018, April. We need to do it to reach higher Bitcoin prices and the alts explosion.
About the Bitcoin behaviour, what to say, just incredible performance. We can see really good monthly and weekly closes, and this should take us to higher targets. About the 13,500 resistance…. …
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Their activity includes many more projects, including, for example, an exchange, an investment platform, or even in the near future, a bank.
These are just some of their projects and investments.
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Sapphire coins (SAPP coins) will be used in the real economy as a stable means of payment and will be issued only to trustworthy partners who bring added value to the project.
Real use case example: Sapp Shop: https://sappshopping.com/products/ …
The market grew enormously this week, 36,000 USD million have been added to the crypto market (+10%). That's an incredible amount in only seven days.
For sure that the Paypal news are related to this price behaviour.
Once we have reached the $400,000 million capitalization again, it is time to look at the data from the outside and realize that we have already fought with this resistance before without much success, let’s hope that this time we can beat them.
If we check the Bitcoin price, we can see how we have had a great week, and now the BTC is trying to break the $13,500 resistance, the first attempt looks like rejected, but let's see how this evolute. …
Nothing really. Since we keep the same numbers as seven days ago.
But it means a lot, as we saw some terrible news all along the week (OKEX) and the FUD came to the markets. With this, the crypto market regained the path of growth, and it seems we can look up again.
If we check the Bitcoin price, we should go back into the ascending triangle and pass such $11,500 area to see new highs.
If finally the BTC is rejected from the $11,500 a correction is unavoidable.
About the Bitcoin dominance, we are at similar levels than seven days ago, into an ascending triangle. We should expect a surge in BTC dominance in the coming weeks. …
And finally, as expected, we see some growth in the total amount invested in the crypto markets. 22,000 USD million more located in crypto this week (+6.56%).
With this, if we check the total market cap chart, we can see how we made a retest, and now we look for real growth.
If we check the Bitcoin price, we can see how the triangle broke through the upper side, which has allowed us a push in price to the $11,500 area, our new resistance.
The good news is that the $10,500 now became support.
About the Bitcoin dominance, we are now around 60%, 0.5 points higher than seven days ago. Perhaps a new try to the 62% area is possible. …
Really, the market didn't change too much this week. Three thousand USD million, that's the amount lost in total market capitalization along the last seven days.
About the Bitcoin price, if we check the daily chart, we see how the triangle is near to be solved in the next week. I really think/hope it will go upwards and a new test to the 11,500 area will happen. We will need to break it to see further goals in the next weeks.
About the Bitcoin dominance, we expected a BTC dominance increment along this week, but it didn't happen (great). Now we can see the dominance around the 59,50% area, 1.6 …