In 2022, BTC was falling steadily with intermediate rises. Now, 2 years later, the exact opposite is happening. A Bitcoin that rises despite intermediate declines and searches for its peak 
$91,409 there is. Of course altcoins It is necessary to watch the king cryptocurrency on the rise as well as on the decline.
Bitcoin (BTC)
At the time of writing BTC price It is at $92,600 and is struggling to break through the key zone. It is encouraging that the price is running to the resistance test again and again despite the intermediate declines. If closes above $92,500 continue in the coming hours, the price will need to move towards $97,000.
Maybe we’ll see things like the resignation of SEC Chairman Gensler or Trump’s announcements about the steps he will take regarding crypto. Yesterday coinbase The news that he will meet privately with the CEO and that Trump’s company plans to acquire the crypto trading platform BAKKT was supportive for the bulls.
It seems very logical to read these days, remembering the year 2022. While stock market bankruptcies were talked about 2 years ago, now there is talk of Trump buying the stock market. While large corporate sales were being talked about 2 years ago, today Saylor’s BTC purchase of nearly 5 billion dollars in 1 week is being talked about. We have been writing for months that we are on the eve of something big, and when we first started writing this, BlackRock had applied for BTC ETF.
Looking at the BTC price struggling to break above $28,000, some pundits were saying, “It’s too bad that BlackRock is getting into crypto, that’s why BTC isn’t going up.” However, in those days, we all knew that the rise was only a matter of time and that the bull season in the future would be much more exciting. And so it was.
Cryptocurrencies Latest Status
Exchanges such as Bybit and OKX continue to list. DOGE price It exceeded $0.4 again and continues the day with a 10 percent increase. SOL Coin looks poised to move higher into the ATH level at $243. After the US markets open, BTC may return to $ 93,000 if we do not see a decrease in risks such as the decrease in China’s confidence in the economy, the disruption of trade with China with customs duties and the return in inflation.
The total volume in the cryptocurrency markets is again over $185 billion and the total market value of cryptocurrencies reached $3.11 trillion. While BTC maintained its 7 percent weekly gain, ETH fell 4%.
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.
