Hi Readers, 

Let's talk about the current market movement for this year 2021. in this statement, I am going to dip dive in the Crypto analysis forecast. I invite you to read it carefully and attentionally. The largest crypto topic is Bitcoin. In this article, you are going to know my own idea facing the Bitcoin trend.

In fact, Bitcoin is the largest and first Cryptocurrency or Crypto money, it has been released in 2008 and listed on Crypto Market in 2009 back then. It's a peer-to-peer payment system based on Blockchain technology. 

Actually, BTC gains momentum at the peak of 48,100 and declines to 45,800 the low price on Saturday at 2:00 pm since July 20th, 2021 where BTC gained momentum at the dip of 29,300. 

The expected top for this bull cycle is 47,700 and 50,000 high but as we know that there is not perfect analysis and prediction so we don't know exactly where will it start to decline. However, in my own opinion, 47k-50k is clear as the highest level to be reached. At the time of writing,  #BTC is trading at 46,400 and lost 3% in the past 24h with a market dominance of 46%. Probably, there will be a big movement over crypto space soon that will allow someone to enter and out in the market. With the current Market movement, We have our Strong support level at 36000 and Resistance at 48,000. It means that If the correction will be major and lower low at 46700, it should go down stand above 36000-37000 before it will start to move up again to reach a new high. 

This is my own idea facing the actual market movement. Don't forget to buy the dip and collect more Crypto because Crypto is the future of the world's currency. Do Your Own Research in any investment, don't play with the market. If you don't have a trading strategy Buy and HODL your Crypto for the long term. We have just started our journey to go to the Moon and the world of mass adoption.

Thanks for reading

Your thought is welcome in the comment section below.

Happy trade and stay safe everyone.