New bitcoin whales were born
According to the Iran Economist and quoted by Quinn, in the lower periods, Material Indicators data has recorded an increase in bid orders for the price of Bitcoin by about $ 18,000 and there are more than $ 49 million bids due to psychological importance. It is the most critical area of digital currency support in the market, at least in the short term, in the range of $ 20,000.
Between $ 18,000 and current levels, Bitcoin has some suggested orders that could prevent a new bear attack. More than $ 15 million worth of bids have been identified around these levels. If the price goes up, there is liquidity of about $ 22,000 with about $ 8 million in demand orders just for this level. More orders can be seen below this price, which could indicate that the price of Bitcoin is currently limited and will remain in the stabilization phase.
A break of more than $ 22,000 or $ 24,000 could indicate a continuation of the uptrend as these levels have significant demand orders in lower time periods.
Digital currency analyst Michael van de Pope believes that if digital currency can maintain its current level, it could target $ 23,000 in the coming weeks.
“The general consensus is that we will go much lower and people will continue to spread the idea,” he said.
On the other hand, cryptocurrency CEO Ki Yong-joo claims that most indicators of the cycle say that the price of bitcoin has fallen, so after months of downturn, the digital currency has entered the realm of over-selling and may see some economic factors decline. Be big, they help the sales pressure.
“However, we are not sure how long it will take to integrate in this area,” he said.
Additional data provided by the CEO of Cryptocurrency show an increase in the number of bitcoin outflows from centralized exchanges, while the inflow remains high, suggesting that new bitcoin whales may be buying slopes and accumulating around these levels.
The total global market value of digital currencies is currently estimated at $ 931.95 billion, up 2.39% from the previous day. Bitcoin currently holds 42.82% of the total digital currency market, down 0.32% in one day.
The total volume of the digital currency market in the last 24 hours is $ 63.27 billion, which has decreased by 2.92%. The total volume of decentralized finance is currently $ 5.85 billion, which is 9.25% of the total 24-hour volume of the digital currency market. The volume of all stable coins is now $ 55.11 billion, which is 87.09% of the total 24-hour volume of the digital currency market.
Digital currency price update (until 01:10 Eastern time)
This category contains the price changes of 10 major digital currencies in terms of market value.
1- Bitcoin
Price: $ 20,994.24
Price changes in the last 24 hours: 2.39% increase
Recent week price changes: 0.96% decrease
2- Atrium
Price: $ 1,154.08
Price changes in the last 24 hours: 5.40% increase
Recent week price changes: 4.41% increase
3- Bainance Quinn
Price: $ 232.85
Price changes in the last 24 hours: 4.68% increase
Price changes in the last week: 5.83% increase
۴- تتر
Price: $ 0.9999
Price changes in the last 24 hours: 0.02% increase
Recent week price changes: 0.05% increase
5- Solana
Price: $ 38.60
Price changes in the last 24 hours: 6.47% increase
Recent week price changes: 21.90% increase
6- Cardano
Price: $ 0.4667
Price changes in the last 24 hours: 5.45% increase
Recent week price changes: 0.42% decrease
7- Ripple
Price: $ 0.3787
Price changes in the last 24 hours: 15.72% increase
Price changes in the last week increased by 12.65%
8- Polka Dutt
Price: $ 8.01
Price changes in the last 24 hours: 5.72% increase
Recent week price changes: 8.96% increase
9 – USQ Quinn
Price: $ 1.00
Price changes in the last 24 hours: 0.02% increase
Recent week price changes: 0.03% decrease
10. Dodge Quinn
Price: $ 0.06539
Price changes in the last 24 hours: 2.34% increase
Recent week price changes: 13.69% increase