Bitcoin alone has no power and is a function of sp 500 and dxy index. Whenever (like now) sp 500 falls, bitcoin also falls and when it rises, bitcoin also rises.
We are currently in the worst market situation since 2002.
Because the dxy chart crossed the 103 resistance in 2002. If this trend continues, things will get much worse.
But given that Bitcoin is in the support range and it is likely to grow up to the range I have specified, otherwise we will see a further decline.
We are currently in the worst market situation since 2002.
Because the dxy chart crossed the 103 resistance in 2002. If this trend continues, things will get much worse.
But given that Bitcoin is in the support range and it is likely to grow up to the range I have specified, otherwise we will see a further decline.