From yesterday’s low at $125,74B the evaluation of the cryptocurrency market cap has been increasing and came up to $133,444,141,476 at its highest point today but has retraced since and is currently sitting at around $132,620,529,922.

On the global chart, you can see that the evaluation came up to the levels of from which the last decrease was made to the downside and countered resistance there as it is struggling to keep up the upward momentum and has been stopped out there with the pattern looking corrective we are now most likely going to see a rejection at those levels which would set the market for a cooldown, but this could only be a temporary retracement before further upside.

The market is in green today with an average percentage of change among the top 100 coins in the last 24 hours ranging around 1-1.6%. The biggest gainers are in double digits like Bitcoin Gold with an increase of 20.44%, ABBC Coin with an increase of 23.47%.

Bitcoin’s market dominance has been decreasing consequently and is currently sitting…

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Source: https://thebitcoinnews.com/bitcoin-price-prediction-a-lull-before-the-move-above-4k/