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

2 min read

Welcome to our market overview today.

Market overview

overview of terms

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

 

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

 

Chainlink

 

Chainlink (LINK) $3,52 USD (11,72%)

 

Bytecoin

 

Bytecoin (BCN) $0,000266 USD (12,11%)

 

Synthetix Network Token

 

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

 

Bitcoin Gold

 

Bitcoin Gold (BTG) $10,23 USD (7,21%)

 

The biggest drop was recorded:

Golem

 

Golem (GNT) $0,038471 USD (-2,35%)

 

DigiByte

 

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.

market overiew

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.

 

Selected coins from top capitalization yesterday:

Bitcoin

 

Bitcoin (BTC) $6 821,91 USD (3,70%)

 

Ethereum

 

Ethereum (ETH) $155,75 USD (3,74%)

 

XRP

 

XRP (XRP) $0,184108 USD (2,49%)

 

Bitcoin Cash

 

Bitcoin Cash (BCH) $230,98 USD (4,15%)

 

Litecoin

 

Litecoin (LTC) $41,55 USD (7,38%)

 

Current price

[crypto coins=”BTC” columns=”1″]

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.

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