Yesterday(11/20 00:00 - 24:00, UTC+0), bitcoin price recorded its starting as $16691, its lowest as $16159, its highest as $16733, its closing as $16260. Bitcoin rose slightly after the start of Sunday and reached a peak at 01:00, then moved sideways, and began to decline from 07:30, reached a low at 22:00, and ended -2.6% down.
Looking at the 4hr chart, it continued to move sideways and fell to around $16k at the last candle, and if the last increase in volume continues, further declines may occur. On the daily chart, it broke through $16.5k that was supported over the past week, and it is necessary to watch for another day or two to see if there is downward movement.
Bitcoin fell -0.2% weekly with the dominance rising to 40.8, while eth fell -6.5% weekly. There is an analysis that the recent weakness in the crypto market was triggered by the sale of hacked eth after FTX declared bankruptcy, and in addition to this, there is news that Grayscale, which led to the rise of the crypto market last year, has some problem, so it needs to be very careful with the investing this week.