Cryptheory – Just Crypto

Cryptocurrencies are our life! Get an Overview of Market News

06/18/21 [Market overview a BTC] A bloody slump at the weekend ?!

1 min read
06/18/21 [Market overview a BTC] A bloody slump at the weekend ?!
Source: unsplash.com

BTC has dropped to almost $ 37,000 after unsuccessful resistance testing at 41,500. As part of the decline, investors are watching a number of smaller support zones.

The global cryptocurrency market is 1.57 trillion. USD, a decrease of 1.83% in the last day.
The total volume of cryptocurrencies over the last 24 hours is $ 80.46 billion, a decrease of 9.12%. The total volume in DeFi is currently $ 5.79 billion, which is 7.19% of the total 24-hour volume of the cryptocurrency market. The volume of all stable coins is now $ 63.07 billion.

The dominance of Bitcoin is currently 45.07%, a decrease of 0.11% per day.

BTC / USD Technical Analysis

We see that BTC must break the $ 41,500 resistance line in order to attack $ 55,000 and then continue to break to $ 64,000. BTC has dropped to almost $ 37,000 after unsuccessful resistance testing at 41,500. As part of the decline, investors are watching a number of smaller support zones. On Sunday evening, investors were pleased to grow outside the triangle with growth to the final $ 40,500. Unfortunately, the resistance to 41,500 USD has not been broken and BTC sales are expected again before the upcoming weekend. We see hard support at $ 31,500-30,000.

06/18/21 [Market overview a BTC] A bloody slump at the weekend ?!

ATTENTION: No data in the article is an investment board. Before you invest, do your own research and analysis, you always trade only at your own risk. Cryptheory team strongly recommends individual risk considerations!

All content in this article is for informational purposes only and in no way serves as investment advice. Investing in cryptocurrencies, commodities and stocks is very risky and can lead to capital losses.

Leave a Reply

Your email address will not be published. Required fields are marked *