Анализа цена биткоина: БТЦ скочио на 31,000 долара, долази брзо повлачење?

Bitcoin price analysis is bullish today as we have seen a substantial drop until the $31,000 mark, where rejection is currently seen. Therefore, BTC/USD will likely regain some of the loss over the next days and look to set a lower high.

Тржиште се трговало у минусу у последња 24 сата. Лидер, Битцоин, изгубио је 6.89 одсто, док Ethereum over 7.88 percent. Meanwhile, Terra (LUNA) was the worst performer, with over a 16 percent loss.

Bitcoin price movement in the last 24 hours: Bitcoin declines over 10 percent

BTC/USD traded in a range of $31,277.32 – $34,672.27, indicating strong volatility over the last 24 hours. Trading volume has increased by 33.91 percent, totaling $47.34 billion, while the total market cap trades around $599 billion, resulting in a dominance of 41.72 percent.

BTC/USD 4-hour chart: BTC reacts higher at $31,000

On the 4-hour chart, we can see a sharp drop met with a reaction higher at the $31,000 mark, potentially indicating that retracement will follow later today.

Bitcoin price action saw a strong higher high set at the $40,000 late last week. However, further upside did not follow as the following decline took the market way below the previous low.

On May 5 2022, BTC/USD found support at $35,500 before moving into a consolidation for over a day. Recovery did not follow once more as further downside was tested later in the weekend.

Today, the selling pressure continued. Bitcoin price quickly moved as low as the $31,000 mark, where a reaction higher can currently be seen. Likely, BTC/USD will react higher later today, sending the market towards a new higher swing low over the next days.

Анализа цена биткоина: Закључак 

Bitcoin price analysis is bullish today as we expect a retracement to follow after another drop of over 10 percent. Therefore, bears are likely exhausted, and BTC/USD is ready to regain some of the loss seen over the last days.

Док чекате да Битцоин крене даље, погледајте наше чланке о Како уложити Схиба Ину на Метамаск, Како купити Анкр, и Да ли је Сафуу добра инвестиција у 2022.