Crypto Total Markets. It is the graph to be aware of today
We'll see
Today I was making a post about the dominance of Bitcoin and Alcoins, very interesting and the fall has taken me by surprise.
The price of Bitcoin has broken the bullish channel at the time of writing this post, bitcoin is retreating 4.5%. not a good sign
Capitalization
For some time we have been seeing that the crypto market capitalization remains around 1T dollars. With rebounds in the support of 950B, as I had already analyzed, what could happen.
This chart for me is today the one we have to watch so as not to break the support of 950B
If it breaks down, this chart could reach 856B and bitcoin could go back again to 17,500 dollars.
If the support of 950B is maintained, it could reach 1.05T in the next few days and Bitcoin and Alcoins continue to rise.
Bitcoin Dominance
Bitcoin's dominance remains in a downward channel which shows that alcoins remain strong, but this could change in the near future.
What do you think
For your vote or comment, thank you
READ DISCLAIMER: this publication / analysis is only for general information purposes. I am not a professional trader and I will never be a financial advisor. The material in this publication does not constitute any trading advice of any kind. This is the way I see the paintings and what my ideas are.
Perform your own analysis before making an investment decision. Use money that you are willing to lose if you make an investment.
If you make exchanges or investments after reading this publication, it is entirely at your own risk. I am not responsible for any of your gains or losses. By reading this publication, you acknowledge and agree that you will never hold me liable for any of your profits or losses.
About LeoFinance
LeoFinance is a blockchain-based Web3 community that builds innovative applications on the Hive, BSC, ETH and Polygon blockchains. Our flagship application: leofinance.io allows users and creators to engage and share content on the blockchain while earning cryptocurrency rewards.
Our mission is to put Web3 in the palm of your hands.
Twitter: https://twitter.com/FinanceLeo
Discord: https://discord.gg/E4jePHe
Whitepaper: https://whitepaper.leofinance.io
Leofinance Applications
Join Web3: https://leofinance.io/
LeoMobile (IOS): https://testflight.apple.com/join/cskYPK1a
LeoMobile (Android): https://play.google.com/store/apps/details?id=io.leofi.mobile
Delegate HIVE POWER: Earn 16% APR, Paid Daily. Currently @ 2.8M HP
Hivestats: https://hivestats.io
LeoDex: https://leodex.io
LeoFi: https://leofi.io
Polygon HBD (pHBD): https://wleo.io/hbd
Polygon HIVE (pHIVE): https://wleo.io/hive
Web3 & DeFi
Web3 is about more than social media. It encompasses a personal revolution in financial awareness and data ownership. We've merged the two with our Social Apps and our DeFi Apps:
CubFinance (BSC): https://cubdefi.com
PolyCUB (Polygon): https://polycub.com
LEO Wrapping Bridge: https://wleo.io