Bitcoin Leads the Market in Losses, is it Time to Buy? – crypto.news - BitcoinEthereumNews.com
Bitcoin क्रिप्टोबिटकॉइन बाजार को घाटे में ले जाता है, क्या यह खरीदने का समय है? - क्रिप्टो.न्यूज02 / 21 / 2022बिटकॉइन एथेरियम समाचार Between Bitcoins active network profit/loss, support line at $37k, rising social volume, and massive recent token age consumed, there is a lot to uncover. Currently, Bitcoin has extended decline below the $40,000 support against the US Dollar and is trading at $39,135.42. BTC is correcting losses, but it might face resistance near the $39,500 zone. Meanwhile, the global crypto market cap is at 1.79T, a 2.07% increase from yesterday. Is it Time to Buy? Bitcoin had a rough start to 2022, shedding over a quarter of its value before making a small rebound. At the time of writing, BTC is just above the $38k barrier, down 20% from the start of the year, and many are expecting more negative news. The previous week was also a bullish one, with all currencies trading in the red, with Bitcoin losing 7.31 percent in a week. According to the age consumed statistics, the 1st of February saw a big rise reaching $1.91m. According to historical research, massive price rises are generally preceded by massive surges. Looking back to September 21, the price jumped from $43k