Weekly Analysis of the Cryptocurrency Market: Altcoins Continue to Recover Strongly Short Consolidation
Submitted by Anonymous (not verified) on Tue, 04/05/2022 - 14:50Bitcoin has held above the $45,400 level since April 1.
Bitcoin has held above the $45,400 level since April 1.
With the largest cryptocurrency Bitcoin still in a downward correction, some of the selected altcoins are struggling.
Almost all altcoins are trading in the bullish trend zone. This suggests that there is a tendency for further upward momentum.
Not all cryptocurrencies are facing a decline amid the downtrend.
Cryptocurrencies' higher price levels attracted heavy selling pressure while altcoins resumed their rally.
The best performing cryptocurrencies are all trading in bull markets.
Nowadays, Venture capitalists and institutional investors dominate the investment business.
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