BTC-2h. Buyers are holding the blows and targeting $25,000.

24 ธ.ค. 2020

The weekly BTC consolidation continues to deplete market participants. Since December 17, sellers have tried four times to break the $22,500-22700 range. During the last attack of sellers, the price could only touch this range.

As a result, buyers have formed a new local trend line. The price of BTC continues to remain between critical points. Buyers are now gaining the courage to test the $23850-24000 test. Given the price movement in the sloping consolidation channel - the next local target of buyers is $25,000.

The dominance of the BTC continues to grow steadily, sacrificing other coins.

To start falling prices in the BTC market, sellers must show aggression and not allow buyers to consolidate above $24,000.
After breaking the $22,500 mark, the correction of BTC's long-term growth will begin. What will happen in this case with other coins - it's scary to think. Suffice it to mention how XRP fell.