BTC Is On FIRE! Steem Perform as WELL!

Assalamu Alaikum friends,
BTC broke its $32,000 support resistance. This is good news for all crypto holders. That is what I will discuss in today's blog. So without delay let's get started.

Almost 2 years later, BTC started to go down and held itself in a down market for a long time. This leaves many investors disappointed. Investors who invested in crypto at the beginning of the bull market faced a huge loss and got stuck in the market. By doing this, they could not remove themselves from the market. And constantly trying to lower their entry zone through dollar cost averaging. Although many were successful in this, many could not be successful. So their last hope was to wait for BTC's prize pump.

BTC tried to pump many times in the last 2 years but could not succeed. A large dump was seen opposite a small pump. And the bear market was getting longer and longer. According to the last position, the upper support resistance of BTC was 32 thousand dollars. Which Bitcoin immediately broke this morning and touched 35.5 thousand dollars in one candle and is standing above 34 thousand dollars.

^{Screenshots From BINANCE}

This means that BTC has successfully broken the $32,000 support. This brings relief to the crypto market. And users who were stuck in the market are also feeling a little carefree. And through this break, BTC confirmed the bull market. However, some doubts still remain here. Maybe it's a bull trap. But time and location will tell everything. Dominance has increased with Bitcoin for now. Which is about 54%. A major impact can be seen in the alt market as dominance declines.

And when the dominance begins to decline, the bull market will be fully confirmed. So we have to wait for dominance to come down now.

Again with BTC, Steem is performing well. Steem is gaining around 25% against BTC's 12% gain. It can be said that Steem will be seen in one of the positions in this bull market. So those of you who are still waiting to invest in Steam, invest quickly. Or you can't invest anymore if Steem goes to the moon.