(12/2, Fri) btc adjusted after the big rise of the previous day

in #btc2 years ago

Yesterday(12/1 00:00 - 24:00, UTC+0), bitcoin price recorded its starting as $17160, its lowest as $16859, its highest as $17300, its closing as $16956. Bitcoin declined weakly after Thursday's start and moved sideways, reaching a peak at 13:30 and then falling, hitting a low at 21:00 and ending -1.2% down.

Looking at the 4hr chart, Bitcoin, which broke through $17k the previous day, reached a short-term high and closed below $17k, which can be seen as an adjustment following the rise the previous day. On the daily chart, there was a weak decline as trading volume decreased from the previous day, but it seems that the uptrend is still alive.

There is news in the crypto industry, it is said that Binance's global market share surpassed 75.1% in November, which doesn't help the crypto market as a whole, just as MicroStrategy monopolizes more than 0.5% of the total Bitcoin supply because governments can easily wipe out the crypto market by simply destroying Binance.

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