Bitcoin
Short

$BTC/USD Medium-Term Trend Change

Today's cryptocurrency market has also fallen sharply.

BTC interrupts all three moving averages on a daily basis and dropped to $46,000 at one point.

Since the beginning of 2021, it has recovered after showing a plunge of about 10% on a regular basis. Although it is BTC, I don't think it can be recovered so easily this time.

The recent drop in dominance, then there is data that big whale is steadily letting go of BTC. Also, technically, it comes to the daily level moving average dead cross first time since 2019.

BTC has become quite difficult, on the other hand, I think there is a possibility that altcoin will recover rapidly.

For coins whose decline was small this time, it may be interesting to aim in the future.
BTCTrend Analysis

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