Bitcoin (BTC) 
$67,537 It continues its short-term fluctuations and fell back to $67,730 at the time of writing. Some of the altcoins were painted red. Despite the fluctuation in BTC price, a popular analyst argues that the bears are chasing a vain enthusiasm.
How Many Dollars Is Bitcoin?
King cryptocurrency The fluctuation in the unit continues. The recent move is promising as BTC has consolidated at higher levels. In previous attempts, we saw that the price dropped from $ 69,000 to $ 60,000. In his assessment today, the analyst with the pseudonym Mustache wrote that there was a break in the important technical formation and the decline is now behind us.
“I wonder why no one is talking about this. Did you know that BTC was released from Fincan and Kulp after 3 years? It is one of the strongest bullish formations in the market and the bears are waiting for the 49 thousand level. You can’t even imagine this.”
According to the chart he shared, the formation should open the door to six-digit prices. Moreover, this journey must begin soon.
So how many dollars will Bitcoin be? The answer to this is given by the graphic of Titan of Crypto. The analyst expects to see new attempts at $92,000 and above by March for the reasons explained below.
“The Bitcoin Breakout You Want to See
BTC broke above the weekly trend line and is now retesting it. YET on the left, the Lagging open is the open that will also break the trend line and give weekly confirmation. Once done, THE GAME BEGINS!”
Cryptocurrencies Review
This week, Safe was included among the top 100 cryptocurrencies. It achieved a weekly gain of 62 percent. Trading volume is half of the market cap, which is pretty good for an altcoin ranked 91st. APE and GOAT biggest weekly cryptocurrencies It was other cryptocurrencies that brought the most profit.
The fear and greed index is at neutral level. The total volume in cryptocurrencies is over 76.5 billion dollars, and BTC market dominance is at 58% according to CMC data. While the total value of cryptocurrencies is $2.31 trillion, BTC continues to linger at $67,400.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
