#BTC/USDT ANALYSIS

It is trading below the resistance and we might see further drop in the price, while a confirm breakout above the marked resistances is a good sign for bullish momentum of the market.

The #Bitcoin circulating supply has now passed 18.9M $BTC, which is 90% of the total 21M coins that will ever exist.

It took 12.9yrs to mine the first 90% of the supply, and will take approximately 112yrs to mine the remaining 2.1M $BTC

Bitcoin's death has been announced 42 times this year 🪦

📌 The cryptocurrency market has seen high volatility in recent days. And the price of Bitcoin has crossed the psychological level below $50k this month.

📌 If you consider the current time of cryptocurrency market, the number of times Bitcoin was "seen off" was 42 times, which is 3 times more than the entire year 2020 (14 times).

📌 All data is stored and counted by 99Bitcoins, which has been operating since 2010 and is considered the official obituary of the cryptocurrency.

#DOT/USDT ANALYSIS

The price is consolidating in a falling wedge and holding above a key support level. A good volume with a breakout confirmation will confirm the next bullish move of it while a breakdown will be a sign of further correction for it.

Keep an eye on this

🔝 Results of the day: December 29

⚡️ Bitcoin dropped below $ 48,000.

💲 Binance Bitcoin balance suddenly jumped 70,000 BTC and reached a new high of 370,000 BTC.

▪️ Marathon mining company has ordered nearly $ 900 million worth of new Bitcoin mining machines.

⚡️ BAYC surpasses CryptoPunks in market capitalization - $ 3.22 billion versus $ 2.55 billion.

▪️ South Korean crypto exchange Coinone announced a ban on withdrawing funds to unverified external wallets.

▪️ The volume of NFT trades for the year has grown almost 400 times, almost 90% of trades are held on OpenSea.

🗣 Forecast by Arcane Research for 2022: Bitcoin will overtake the S&P 500 in profitability, and XRP and ADA will leave the top 10 cryptocurrencies in terms of capitalization.

#BTC decided to absorb the absorption 🤪

This actually looks awful, however, remember that we are going through the last 3 days of chinese selling pressure! Hopefully the start of 2022 will be bright!

#BTC DOMINANCE ANALYSIS

It is moving in a descending triangle and currently at a support. Here we've to wait for a sustain breakdown, which is a strong sign for an ALTS season and if we see a bounce from here then this is a sign of correction in ALTS.

BREAKING – Remittance giant MoneyGram announces strategic investment in #Bitcoin ATM provider 🚀

*Major Reason for Bitcoin Price Drops instantly*

Kazakh government resigns,
shuts down internet amid protests, causing #Bitcoin network hash rate to tumble 13.4%

No timeline exists
when the internet will switch back on in the 2nd biggest $BTC mining country in the world.
Dump reason

Call type 👉 spot

DOT / USDT

Buying zone

26$

24$

22.3$

Try to buy in parts 👆

Target

28$✅

30$✅

32$✅

Midterm

36$✅

40$✅

44$✅

55$✅

Stop loss
20$🚫

Crypto Market Stats 📊
Market Cap: $1,954,743,479,829
BTC Dominance: 39.07%
24h Volume: $197,662,317,618

Hello cryptonians