06/23/21 [Market overview + BTC, DOT] The price of BTC fell to 28,500 USD yesterday

What value could BTC reach this year, and where will it stop significantly, the whole community is arguing across the Internet. Will it be at 20k? Or $ 100,000?

The global cryptocurrency market is $ 1.29 trillion, down 3.44% from the last day.
The total volume of cryptocurrencies over the last 24 hours is $ 150.02 billion, an increase of 24.76%. The total volume in DeFi is currently $ 11.44 billion, which is 7.63% of the total 24-hour volume of the cryptocurrency market. The volume of all stablecoins is now $ 121.62 billion.

The dominance of Bitcoin is currently 47.36%, an increase of 1.69% per day.

The best growth from the top 100 capitalization yesterday was recorded by:

The biggest drop yesterday from the top 100 capitalization was recorded by:

Technical analysis: BTC

Over the past 3 days, BTC has fallen 16% and broken support at $ 30,000. As you can see in the chart, BTC successfully broke the bearish support line of triangles, which gave it value today $ 34,000. Shortly afterwards, it fell to $ 28,500. We have short resistance at the price again $ 34,000 and after breaking it $ 41,500 which is a monthly high.

As far as my view is concerned, it is the resistance to $ 41,500 that should slow BTC during the summer. A short drop should help BTC breathe and reach $ 34,000. But the weekend will probably be marked by sales again.

What value could BTC reach this year, and where it will stop significantly, the whole community is arguing across the Internet. Will it be at 20k? Or $ 100,000? But one thing is certain, a lot of bullish fundamentals are needed for growth, which is well shown by 2019, when we rose from $ 3,200 to $ 14,000 in just 6 months. Is $ 20,000 unrealistic? It would not be unusual in a crypto, a sharp drop of tens of percent is commonly seen on BTC, and a fall of 80% is also not unusual.

Technical analysis: Polkadot

Palkadot gradually erases the large capitalization and, as one of the largest DEFI coins, must copy the development of BTC. He withdrew it to support $ 13.5 today. It seems that BTC will aim for 20,000 USD during the summer and DOT could fall to 8-10 USD. But not today and there will be a slight reflection on the spot. The support at $ 13.5 should last until Friday. The market regularly falls during the weekend, where no one rides on Long. We see resistance at $ 19.1.