Bitcoin Struggles to pass 11K $

in #bitcoin7 years ago

Bitcoin BTC has surpassed the $ 11,000 mark this morning, but has difficulty keeping profits in the middle of a low trading volume.

At the time of writing, the Swindisk price index has fallen slightly to $ 10,890, almost 19% of the week's minimum of $ 9,304.68 and 5% in the last 24 hours.

The appearance of the individual markets in the SwinemarketCap data site shows that the volume is higher in the BTC / USDT pair contained in the crypto exchange. In addition, three of the top 10 exchanges in terms of display volume are btc / osdt. Therefore, investors seem to be using the crowd to trade with Betcown, possibly due to the low volatility in the US dollar symbol.

Meanwhile, the 24-hour transaction volume is $ 8.4 billion, the highest level since February 21. However, this figure does not seem particularly impressive compared to the average daily volume of $ 13.4 billion in January and $ 13.2 billion in December. In addition, the volume of transactions of 24 hours has not changed significantly with respect to the average daily volume of February of $ 8.25 billion.

While the size of the recession is cause for concern, the possibility of a reversal of the head and shoulders has improved, and the analysis of the price table.
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