Hello friends !
This blog all about bitcoin price and analysis so that you can understand what are reasons increase price of bitcoin
I m dam sure this weekend bitcoin price possibility $ 8k +
There are some reasons those I m going to discuss and Chart analysis and some few reasons also
BITCOIN/ Market Update: Jul 21st
We are Constantly Keeping Our Eyes on BTC Dominance
Bcoz it's Important Now to See How This BTC Dominance Plays Out, Then Only We Can Make Sure Wheather to Enter into ALTS or NOT
Summary: Yesterday BTC Dominance Reached Up to 45.80%
Today It Dropped to 45.28%
Which is Good News ‼
But One Thing is That in Short Time Frame BTC Finding Support at 7200 USD Mark
Though We are Expecting a PullBack Towards 6800-7000 Mark
and Then A Pump Would Appear as ETF News is Round the Corner so FOMO is Still There, Last Night Bullz Tried to Breakthrough 7700 Resistance But Price Got Rejected from This Zone..!! 👀
Most Likely Everyone is Expecting That This Time This ETF Will Be Approved, So FOMO Can Still Appear and BTC Could Go Above 8000 USD Anytime, Keep in Mind Every Pump does Come with a Price Correction, Then Goes for Another LEG UP ‼
and You Know in CryptoSpace Market Goes *100-500% + in a Single Day, So a Massive Bull Run in BTC Still Waiting as Per Our Expectation.
BTC Dominance is Still Consolidating Between 45.28 - 45.30 %
Breaking Above Will Result in a Blood Street in ALTS Market
Breaking Downwards Will Result in ALTS to Back Up 🚀
As Per Analysis First BTC Could See a Correction up to 6800-7000 Then Towards 7700 and 8000 Mark
If BTC Comes Between This Given Zone, Then Dominance Will Drop Too, ALTS Will See Green Candles for Some Time
Or Vice Versa Case: You Know it Really Well 👀
What is your thought about bitcoin price plz comment down below so I can know what is your feel about it
Thanks
Rajendra Kumawat
Newsbull
