📈 Market Overview
Bitcoin is on the verge of a trend defining move and if bulls succeed, altcoins could rally higher. From the perspective of most traders, Bitcoin’s current decline continues to represent a buying opportunity for the longer term. BTC turned down from the 20-day exponential moving average $39,127 but is finding support near the trendline of the triangle. This shows that bulls are buying on dips, and bears are selling on rallies.
Market capitalization: $1.72T (+0.5%)
The BTC dominance: 39.56% (-0.3%)
Fear & Greed Index: 15 (Extreme Fear)
Aggregated Volume — $41.3B
Aggregated Open Interest — $9.60B