Bitcoin falls 3% and trades below $27,000 and Ethereum follows the same trend as the main cryptocurrency and falls to close to $1,700.
The cryptocurrencies They started the week with a sudden drop, with a sharp drop, although with values still at high levels for the last few months. Little by little, as the hours passed, he was recovering ground.
The market moves within the framework of the turmoil in the banking sector in the United States and Europewhere giants of the financial world such as the Credit Suisse and the Deutsche Bank they were in trouble in the last few days.
He Bitcoin came to fall 3% below US$27,000 and ethereum it followed the same trend as the main cryptocurrency and fell to around $1,700.
What will happen to Bitcoin?
Beyond the sudden drop, the popular trader and analyst Rekt Capital considered in the last few hours that the cryptocurrency market is about to leave its problems behind and is about to enter a bullish cycle.
“Next Saturday, the BTC monthly candle will have closed above the downtrend macro to confirm a new bull market,” Rekt Capital commented. For now, Bitcoin finds resistance to take $28,000 as support.
Source: Ambito
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