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The price of Bitcoin has lost ~1% in 24 hours with a trading volume of $34.188 billion. However, it has added 3.38% to its portfolio in seven days and has jumped 3.89% this year. With a #market cap of $1.923 Trillion, it has a market dominance of 60.81%.
The Moving Average Convergence Divergence (MACD) shows a #stable red histogram with its averages displaying a constant decline. Moreover, the EMA 50/200-day displays a similar trend in the Bitcoin price chart.
If the bulls maintain the price of Bitcoin above the $96k mark, it will prepare to head toward its upper high of $100,000 in the coming time. On the contrary, a negative price action could end in it plunging toward its crucial low of $92,000.
Planning on investing in BTC tokens but are confused with questions like, โHow high will Bitcoin go?โ
#BTC #HotTopicDiscussion