(8/8, Mon) btc fell -0.6% weekly with the dominance falling to 41.2% while eth rose 1.3%

in #btc2 years ago

Yesterday(8/7 00:00 - 24:00, UTC+0), bitcoin price recorded its starting as $22953, its lowest as $22835, its highest as $23401, its closing as $23168. After reaching a low 45 minutes after the start of Sunday, Bitcoin moved sideways near $23k, then started rising from 09:15 and peaked at 21:00, after which it corrected and closed 0.9% up.

Looking at the 4hr chart, Bitcoin, which was heading towards 100MA the day before, rose again and approached 50MA, and it seems that the sideways move within the box range has continued. On the daily chart, it appears to have continued its N-shaped uptrend with a weak rise yesterday, and the uptrend is still valid.

Bitcoin fell -0.6% for the week, and the dominance fell from 41.9 to 41.2 while Ethereum rose 1.3% weekly, showing that the overall crypto market is taking a break after the surge over the past three weeks, which seems to be because there were no major issues in the macro market.

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