[ccpw id="5"]


HomeNewsBitcoin Far Away From Year-End Rally

Bitcoin Far Away From Year-End Rally


Leading cryptocurrency Bitcoin ( BTC), started to move away from the possibility of a possible rally as the end of the year approached.

The turbulent year of the cryptocurrency market is ending in a week. This past year, many major crypto organizations have filed for bankruptcy. The bankruptcies that brought massive crashes exacerbated the crypto bear market. Pioneer and leader of the industry bitcoin , well away from the highest peak point. It has been moving in a bear trend for over a year. BTC started to show signs of recovery. However, these signals do not indicate that the bear market is over yet. BTCstarted to move away from the possibility of a year-end rally.

Bitcoin Moves In The Current Price Zone

The leader of the crypto industry Bitcoin ( BTC), $16,800 maintains its level of activity. As the year approached, many crypto investors and analysts thought there might be a small bull run. However BTCshowed no activity for the year-end rally.

Crypto analyst and commentator Michael van de Poppe, BTCsupport level for $16,750stated that. Poppe, if the support point is broken $16,400 He claimed that he could fall to the point. However PoppeAccording to BTCif it manages to hold on to the support level $17,400can complete the year.

On the other hand, the comments of many crypto analysts are also Poppe is of the same nature. At a glance, BTC ‘s end of the year rally does not seem possible. However, the leading cryptocurrency seemed to enter the new year more comfortably. The flurry of recession in the global economy, inflation moves of countries and the move away of bad actors from cryptocurrencies were interpreted positively.


Please enter your comment!
Please enter your name here


NFT Token News: Watch Out For These Altcoin Developments!

Critical news has been announced for the closely watched NFT token market. These altcoin developments may be of interest to investors!

Future Forecast for Bitcoin from Binance CEO!

Changpeng Zhao, CEO of the giant cryptocurrency exchange Binance, made a future prediction about the leading cryptocurrency Bitcoin! Here are the details...

These 5 Altcoins Are Earnings of the Week! Here are the Expectations

These 5 altcoin projects marked the week! Altcoin projects, which attract attention with their rises, were examined by experts! Here are the details

Dogecoin Community Disproves a Claim Made

The Dogecoin (DOGE) community has debunked the allegation that there is a "security vulnerability in Dogecoin that could put billions of dollars at risk."

Follow us


Most Popular