Bitcoin price analysis: BTC spikes to $37,500 overnight, retraces higher later - BitcoinEthereumNews.com
Bitcoinबिटकॉइन मूल्य विश्लेषण: बीटीसी रातोंरात $ 37,500 तक बढ़ गया, बाद में फिर से बढ़ गया05 / 01 / 2022बिटकॉइन एथेरियम समाचार Bitcoin price analysis is bearish today as we have seen substantial retracement and retest of the previous support area as resistance. Therefore, another local lower high has been set and further downside can be expected early next week. क्रिप्टोक्यूरेंसी हीट मैप। स्रोत: Coin360 The market has seen a return to previous days close over the last 24 hours as retracement was seen during the middle of the day. The leaders, Bitcoin and Ethereum, gained just 0.01 and 0.21 percent, respectively. Bitcoin price movement in the last 24 hours: Bitcoin retests previous support as resistance BTC/USD traded in a range of $37,585.79 to $38,627.86, indicating substantial volatility over the last 24 hours. Trading volume has increased by 11.53 percent, totaling $25.77 billion, while the total market cap[ remains at $733.5 billion, resulting in a dominance of 42.16 percent. BTC/USD 4-hour chart: BTC ready for another drop? On the 4-hour chart, we can see Bitcoin price action retracing around 3.5 towards the previous support area, likely meaning that more downside is incoming. BTC / USD 4-घंटे का चार्ट। स्रोत: TradingView Bitcoin price action has seen further lows tested over