Market overview 13.4.| Bitcoin started to grow at the end of the weekend.

Table of Contents

Welcome to our market overview today.

Bitcoin returned to $ 7,000 early this weekend. Will we see last week’s scenario and go to $ 7,300?

Check last Market Overview here

Crypto market currently has a total market value of $ 200 billion. The decline from high in 2020 is $ 106 billion and bitcoin dominance is 64.4%.

The best growth yesterday was:

CyberVein (CVT) $0,031019 USD (12,60%)

Chainlink (LINK) $3,52 USD (11,72%)

Bytecoin (BCN) $0,000266 USD (12,11%)

Synthetix Network Token (SNX) $0,722723 USD (7,26%)

Bitcoin Gold (BTG) $10,23 USD (7,21%)

The biggest drop was recorded:

Golem (GNT) $0,038471 USD (-2,35%)

DigiByte (DGB) $0,006175 USD (-0,12%)

World markets overview yeterday

SP500: 1,46 %. NASDAQ: -0,12 %. GOLD: 0,78%. DOW J.: 1,22 %

[BTC / USD] In 2020 to present value: + 1,2%

For the past few weeks, we have seen the same scenario every Friday, when Bitcoin begins to slump in the evening. It will stabilize over the weekend and then start to grow again on Sunday. On Monday, it then reaches significant growth, which is almost entirely cleared on Tuesday. The last weeks have been like over a photocopier. Right now we see Bitcoin again growing over $ 7,000. Will we achieve significant growth on Monday? Will last week’s fractal similarity repeat? It looks like a similar scenario.

We are currently moving at $ 7,000 and are in the former resistance, which should now act as support. We also see a blue line of support on the graph. These two support areas will be positive for the market, and bulls will want to go up. Then it could continue with the confirmation of the aid, and after the subsequent rebound we could possibly go up to 7,700, where resistance still remains.