Detail Market Updates
There are chances of bitcoin support at 36000 while strong support is around 34800.Bitcoin reached the resistance of 38000 but rejection took place without touching it. .
Bitcoin has rejected from the resistance due to which the downtrend has started and will support at the predicted points inshallah.
Alts performance is weak due to Bitcoin Dominance being high, but it is possible that soon the dominance will start to decrease, which will make Alts strong.
CEO of Reddit (Ohnin) has said that Bitcoin is the next generation digital gold.
BlackRock has submitted an Ethereum ETF S1 application to the US Securities and Exchange Commission.
Currently, the crypto market is at grade 70 in the Fair & Grade Index.
Update By : Virtual Signals