BTC Market Update || 23 November 2023

(01) There have been many incidents in the crypto market for the past few days. Due to which the market has pumped and sometimes dumped. But currently, the market is bullish compared to the dump. Bitcoin has tried to break the 38k resistance 3 to 4 times in the last few days. Every time he tried, he failed.

Bitcoin fails and dumps again for market correction. But these dumps did not last long, the market pumped back to its previous position. This is what has been happening with Bitcoin for the past few weeks. In addition to this, altcoins are also sitting quite a dump. Altcoins don't want to pump even if Bitcoin is pumped. The reason for this is Bitcoin's dominance. It is having its best time. Altcoins will start pumping right when Dominance starts to wane.

(02) Binance is currently one of the best exchangers in the market. Very quickly they expanded their platform. But suddenly the US fined CZ over $4 billion, and CZ stepped down as CEO of Binance to save Binance from collapsing. After this news, the market played a light down, but in a short time, it recovered and returned to its previous position.