Why is the Crypto market over today?

Bitcoin Price Analysis


The total crypto market cap (TOTAL) and Bitcoin (BTCIN) are seeing a smooth increase over the past 24 hours. Zcash (ZEC) took place at a time when most tokens did not see growth and rose 5% in the previous day.

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Crypto market support

In total 24 hours reached more than $ 3.08 trillion and reached $ 69 billion. Anchoring broader market stability is the next $3.00 trillion total.

When this psychological support is given, the total total can turn over $3.09 trillion. This puts pressure on water reservoirs totaling $3.16 trillion to $3.21 trillion.

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Total Crypto Market Cap Analysis. Source: Trading View

However, if mass sentiment weakens as a driver and the total loses more than $3.00 trillion, the market may return to $2.93 trillion. The drop of this level includes the scrambled text.

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Bitcoin is still broken

The price of Bitcoin has shown a slight increase in the last 24 hours at $ 241,596 when it was at least $ 91,596. From the end of the week to the end of the activity, the crypto king will continue to be lured by the rental live.

The change in sequence is based on strong investor support. If the buyers were to enter the goal, they could have been taken back to $95,000 from recently.

Bitcoin Price Analysis
Bitcoin price analysis. Source: Trading View

However, if market conditions break, Bitcoin may return to the $86,822 support level. A drop below this support deepens and exposes the risk of profit taking.

Zchash rarely takes the lead

ZEC is up 5% for the last 24 hours and is at $359 while holding above the $340 support level. ALTCOIN is trying to recover after the site losses and is showing signs of consolidation.

For ZEC to go higher, $403 should break into support and continue to $442. Chimkok cloud cloud signs strong lightning speed, if the ge yers are counted, they are ignited to move for a series.

Zec Price Analysis.
Zec price analysis. Source: Trading View

If the bullish support weakens, ZEC could lose the $340 and $300 supports, sending the price sharply lower. A break below $300 will trigger the bullish trend and expose the Zike to $260.

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