Bitcoin BTC price update
Hello everyone, hope everyone is fine and doing well. And I am sure everyone is safe from this market crash as I already warned you all in my posts. Anyways, I am analysing today's Bitcoin price action below. Please support with your upvotes, resteems and comment reply.
🔶 Bitcoin trying to reclaim its position above 200 W.M.A. but volume is low in the market which slows down the movement of Bitcoin.
🔶 Tomorrow is weekly candle closing and if the candle closes below $20,500 then again we will see a red weekly candle.
🔶 Bitcoin Dominance dropping continuously and now holding above its support area of 43.22%. If this BTC Dominance breaks this support then 41.78% will work as major support area. A drop in BTC Dominance is a good sign for altcoins.
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