Market Cap: $256 624 587 880
price btc now 7066USD
BTC analysis:
Marketcap capitalization:
It should be noted that the total capital invested in crypto refers to the same pattern and route as BITCOIN.
Each time the capitalization increases the price of btc climbs to the top which has already reached 19500 USD and the total capital is 850 milliadrs of dollars and the opposite if the capitalization drops the btc so fall down and it is according to demand against supply and bitcoin reached $ 5800 when total market capital fell to $ 235 billion.
We see that the demand has decreased this last time by causing a strong sale as investors withdraw their funds to insure profits and small panicky negotiators put their parts on sale and this is an opportunity for others such as whales to buy low prices.
The btc is manifest in terms of the world economy and the troubled business between China and the United States of America has caused losses to the cryptocurrency market.
In the photo below at coinmarketcap the price of btc goes up and as a result the volume of capitalization increases but it is the opposite: When investors inject big bottom into the market ie the demand is high and the result is that the btc goes up;
We analyze the movement of bitcoin the year before we notice that the demand is increased when investors feel that their budget is safe, it tells you that the benefit is guaranteed if only large countries such as USA and China and union give crypto importance by opting for solutions and ensuring that btc is considered a credible currency and an eligible and secure means of payment; but to tell the truth, there are still obstacles to the famous virtual currency to officially become a government-controlled exchange currency.
the bitcoin resists in 7000 usd
but if it reaches the 5000 usd in the coming weeks we can still rise in 4000 usd
on the contrary if the market volume increases up to 500 billion usd then in this case we can say that bitcoin can still reach himalaya