A new low in the price of Bitcoin and the crypto market.

Greetings to all readers of this great platform, especially to those who make active life in the great community of #ProjectHOPE, in the present opportunity I want to talk once again about the crypto market, especially for the behavior of the same in the current moments, where we have seen how the market has fallen in price as far as the Bitcoin is concerned and with it the market in general, assuming that the same can not overcome the resistance in the current moments.

The crypto market has really been in an indecipherable zone but the constant reality has been that the Bitcoin is in a range, this accumulation range zone has been extended for a long time, mainly because it does not consist of the necessary strength to be able to overcome the zone in which it has been for a long time, this situation was thought that it could be overcome in this attempt of the price to overcome once again the resistance of the market.

This situation was boosted even more at the time of Ripple's victory against the SEC lawsuits, it was expected that this situation managed to make the market overcome the current zone and seek to consolidate a new market zone but a little higher than the current one, even though it managed to overcome the zone and reach the 32k zone as far as the market price is concerned, we have seen that it has not managed to overcome the resistance as today the price falls once again.

Looking at the crypto market we can see how the price once again went to the 29k and possibly in search of the 27k to go to the bottom of the accumulation channel, despite this being a very high possibility, we can think that even the market can still recover after this new setback to take a little more momentum, with which we will get to observe that may happen in the coming days within the crypto market very likely to be good.

This may be mainly due to the time in the current zone, which may already come to be overcome, besides that, if we remember the last bullish run of the crypto market, the BTC was in this area when it all started, now being a market that consists of cycles we must think that this can be repeated, and if it were to happen we would be facing the area most likely to start the bullish run after so long, let's follow the market very closely.