Yesterday(4/6 00:00 - 24:00, UTC+0), bitcoin price recorded its starting as $59330, its lowest as $57471, its highest as $59612, its closing as $58064. Bitcoin reached its peak an hour after the start of Tuesday, then began to decline, fell to near the weekly starting price at 08:00 and then rebounded to 59100 at 12:15, but fell again with big sell volume and reached its low at 14:30, then rebounded and closed -2.1% down.
Looking at the four-hour chart, it's not good to see prices drop as trading volumes increase, and it's important to support the 100MA support line of $57300 today. If this support line breaks down, the 50MA support of $54,300 on the daily chart will be the next support. Also, if it doesn't rise above the weekly starting price of $58258, we may have to look downwards throughout the week, so it is very important to rise above this price today.
While Bitcoin dominance fell to 56.3, the Ethereum and minor altcoins, which rose sharply last week, fell, and major altcoins rose significantly yesterday. The xrp rose 20% for a day and 10% for ltc and 56% for btg. While the cyclical purchase of cryptocurrency take turns like Bitcoin -> Ether & Minor Altcoin -> Major Altcoin, the "Kimchi Premium" on the Korean exchange currently exceeds 22%.
I remember that in early 2018, after the kimchi premium rose to 50% and then fell, Bitcoin fell to -70% of its ATH and all altcoins fell to -90% from their ATH. It should be noted whether it will follow the pattern on the beginning of 2018.
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saludos hermano es un placer conecerlo por este medio soy nuevo si me puedes enseñar gracias
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