Bitcoin Struggles to pass 11K $

in bitcoin •  7 years ago 

Bitcoin BTC has surpassed the $ 11,000 mark this morning, but has difficulty keeping profits in the middle of a low trading volume.

At the time of writing, the Swindisk price index has fallen slightly to $ 10,890, almost 19% of the week's minimum of $ 9,304.68 and 5% in the last 24 hours.

The appearance of the individual markets in the SwinemarketCap data site shows that the volume is higher in the BTC / USDT pair contained in the crypto exchange. In addition, three of the top 10 exchanges in terms of display volume are btc / osdt. Therefore, investors seem to be using the crowd to trade with Betcown, possibly due to the low volatility in the US dollar symbol.

Meanwhile, the 24-hour transaction volume is $ 8.4 billion, the highest level since February 21. However, this figure does not seem particularly impressive compared to the average daily volume of $ 13.4 billion in January and $ 13.2 billion in December. In addition, the volume of transactions of 24 hours has not changed significantly with respect to the average daily volume of February of $ 8.25 billion.

While the size of the recession is cause for concern, the possibility of a reversal of the head and shoulders has improved, and the analysis of the price table.
Capture.JPG

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!