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Bitcoin

A merchant says 425,000,000 USD is likely to be broken by the Altcoin market, and expectations occur on Bitcoin

A follow -up is closely said that the level of resistance, which costs $ 425 billion for the Altcoin market cover, may be broken soon.

In a new strategic session, Crypto Trader Rekt Capital Recount Its 535,600 followers may have the X social media platform that others, which depicts the total number of encryption market with the exception of twenty twenty, is an enormous restoration.

He says that the decline of others from the level of $ 425 billion is a shallow of the previous breakdowns, indicating that there is now a greater possibility for the Alt market to support.

CAP has already rejected Altcoin Market of $ 425 billion resistance (black). The Altcoin market hat has recovered significantly since then. However, this is the ALTCOIN Market Cap method to produce a shallow recovery to show how 425 billion dollars weaken as a rejection point. “

Source: Rekt Capital/X.

analyst Secure The shallow decline can give the maximum Altcoin market for more fireworks to strike new local levels.

“Since its rejection of $ 425 billion, the maximum of the Altco -Stistance (black) market is 51 %. This is still shallow compared to the previous rejection of the resistance of about $ 425 billion (-69 % and -85 %). If the maximum market is the market Altcoin in the near future, Altcoin CAP will have an easier time to overcome the 425 billion dollars over the time.

image
Source: Rekt Capital/X.

The other chart is currently at $ 271.27 billion.

The analyst also updates his view of Bitcoin (BTC), Prediction The main encryption assets will be traded in the near -term on the weekly graph.

“Bitcoin has reconsidered the level of $ 101,000 (black). In fact, Bitcoin closed a day over it, but it failed to re -test the post -seizure in new support. BTC is likely to unify between $ 98,300 and $ 101,000. at present. “

image
Source: Rekt Capital/X.

Bitcoin is trading for $ 96,860 at the time of writing, a decrease of 1.1 % in the past 24 hours.

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