Bitcoin analysis @cryptoboy01
Good evening everyone am glad to be here today, you can still invest on bitcoin now bitcoin is in low rate.
Bitcoin (BTC) is started are new week still in holiday mode with united states financial market off for independence day.
The largest cryptoca rrence, stake below the increasingly $20,00 marke. Continue to feel the pressure from the macro environment as talk of lower levels remain omnipresent.
after a guiet weekend. holdes find them selves stuck in a narrow range while the prospect of a breakout to the upside appears increasingly hard to believe.
As one trader and analysts singles out July 4 as the site of a "ovild run to the down side " for crypto markets. The countdown is on for Bitcoin to weather the aftermath of the latest federal Reserve rate like.
Evan the weekly close provided no real trend change as data from coin telegraph markets pro and Trading view showed. With the physiologically significant $20,000 unchallenged.
"while below the range low we can expect a drop down to $18,000", popular treading account crypto Tony reiterated
to Tweet followers as part of a fresh update on July 4:
Alongside a Glassnode chart of bear market accumulation trends, he noted that in 2022, (BTC) has not bean following from sellers to "urgent" buyers at a comparable not to before.
Lastly, "so far we haven't had the levels of accommodation synonymous to prior bottoms", he explained,
Bitcoin (BTC) market behavior is not yet "synonymous" with previous bear market bottoms. One of the leading crypto analysts argues.
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