Crypto candles are green after long bearish time and temporary spike, as lot of predictions were , taking more time. Most of altcoins are moving well due to BTC itself has good impact.
Bitcoin tumbling around $ 23K this week where it jumped over thrice and comes down sequentially. Coindesk reports indicates in its report that But one best thing happened in last three weeks that bitcoin proves that it is leader and trend setter. A big bow to them who were maximalist and saying that bitcoin is dead or bitcoin lost its supermacy.
If we see at chart, the clear difference is visible in the dominance of Bitcoin. There is Vitality and resistance in both zones but the strength of coin matters most.
Another chart showing that last week the price remains constant mostly with slight up and down. Ultimately the March has more potential due to three month treasury bills and investment bonds will get maturity.
A mixed blend of trade with comprehensive figure by value is currently hanging on wall which means current situation can lasts more and may Bitcoin hits 30K figure by end of March.
It will go further more positive if energy crises ends soon , or Ukrainian war stop. At least I am hopeful about it.
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Amjadwaince
