(12/5, Mon) btc rose 4.3% weekly with the dominance rising to 40.5, while eth rose 7.2% weekly

Yesterday(12/4 00:00 - 24:00, UTC+0), bitcoin price recorded its starting as $16901, its lowest as $16900, its highest as $17289, its closing as $17121. Bitcoin started Sunday with a low, fluctuating around $17k before reaching the peak and closing 1.3% up.

Looking at the 4hr chart, it can be seen positively that Bitcoin, which showed a triangular convergence pattern, headed upward and formed an N-shaped upward pattern. On the daily chart, it continued to support $17k which seems more appropriate to place weight on the upper side rather than the lower side.

Bitcoin gained 4.3% weekly with the dominance rising from 40.0 to 40.5, while eth rose 7.2% weekly. In the crypto market, Bitcoin miner's November revenues decreased by 20% compared to the previous month, and the miners are said to be facing a crisis. This is bad news for the crypto industry, and the moment miners stop mining, the crypto industry can't be existed.