Market Overview and Bitcoin Price Analysis Today (26/11)
BTC Technical Analysis
BTC had a few down H4 sessions, but the bearish force lacked momentum and was blocked by observing the candles, then the price recovered from the $16,300 zone to the current $16,600 zone.
There will be two plans today: (1) waiting for the price to create a bull trap at the current resistance area and conducting a Short/Sell scalp. (2) The price will increase to approach the 17,200 USD zone, if the force is not enough to break this zone, it will proceed to Short/Sell.
Market Overview
Bitcoin price today recorded at 16,643 USD (updated at 09:50:00 11/26/2022). Bitcoin price has generally increased over the past 24 hours (up 0.84%).
Total trading volume in 24 hours is 19 billion USD. Bringing market capitalization to 319 billion USD.
The global cryptocurrency market capitalization is $842.22 billion, up 1.62% from yesterday. Meanwhile, the global 24-hour trading volume is only 37.74 billion USD, down -21.16 % compared to yesterday.
In the market, up to 69/100 coins increased in price compared to 24 hours ago. In which, the strongest increase belonged to Dogecoin with an increase of up to 14.67%. The biggest drop in the market belonged to BinaryX, down 8.54% on the day.
BTC had a few down H4 sessions, but the bearish force lacked momentum and was blocked by observing the candles, then the price recovered from the $16,300 zone to the current $16,600 zone.
There will be two plans today: (1) waiting for the price to create a bull trap at the current resistance area and conducting a Short/Sell scalp. (2) The price will increase to approach the 17,200 USD zone, if the force is not enough to break this zone, it will proceed to Short/Sell.
Market Overview
Bitcoin price today recorded at 16,643 USD (updated at 09:50:00 11/26/2022). Bitcoin price has generally increased over the past 24 hours (up 0.84%).
Total trading volume in 24 hours is 19 billion USD. Bringing market capitalization to 319 billion USD.
The global cryptocurrency market capitalization is $842.22 billion, up 1.62% from yesterday. Meanwhile, the global 24-hour trading volume is only 37.74 billion USD, down -21.16 % compared to yesterday.
In the market, up to 69/100 coins increased in price compared to 24 hours ago. In which, the strongest increase belonged to Dogecoin with an increase of up to 14.67%. The biggest drop in the market belonged to BinaryX, down 8.54% on the day.