Bitcoin currently rebounds from a crucial level of support, with increasing liquidity pushing its price upwards. BTC is currently negotiated at $ 97,125.77, Ethereum at $ 2,669.98, and XRP, recently increased to $ 2.49, marking a gain of 5.05% in the last 24 hours. The other top 10 include Solana (ground) at $ 206.07, BNB at $ 616.95 and Dogecoin (DOGE) at $ 0.2574.
Currently, the cryptocurrency market is estimated at 3.19 billions of dollars, showing a modest increase of 1.58% in the last 24 hours. The fear and greed index is currently at 35, indicating a state of fear on the market. Among the best cryptocurrencies, Bitcoin (BTC) leads with a domination of 60.42%, followed by Ethereum (ETH) at 10.09%.
Bitcoin has support between $ 95,000 and $ 96,000. If there is a confirmed rupture below this level, the next support area is between $ 92,000 and $ 93,000. For the moment, bitcoin lacks clear momentum and moves to the side with small bullish and lowering fluctuations. This agitated action should continue for the coming days, with a clearer price movement next week.
In terms of resistance, there is a short -term obstacle just below $ 99,000, with a major resistance between $ 101,000 and $ 103,000, and an even larger resistance between $ 106,000 and $ 107,000.
Bitcoin is loud above $ 90,000, but strangely, many people are still lower. For what? Analysts suggest that on Bitcoin’s monthly graphic, the current situation feels similar to the 2017 cycle – a massive pump followed by consolidation, perhaps preparing for the next great push. Altcoin Daily said the crypto was about to enter its next chapter, and this is now happening, globally.
