Although the cryptocurrency market registered its all-time high a little less than 45 days ago, the end of 2021 is not being as pleasant as expected by investors who expected the price of () to break barriers and reach $ 100,000.
However, the weakness of BTC to lift its value above $ 50,000 is not discouraging traders like the analyst known as Capo who points out to his 222,200 Twitter (NYSE 🙂 followers that the leading cryptocurrency is finding large numbers. purchase orders on Bitfinex.
According to him, large buys on Bitfinex are an indication that Bitcoin has reached a key support level indicating that the cryptocurrency should not drop much beyond the current $ 46,000 and therefore should continue its sideways trading until break through the $ 48,000 and $ 50,000 barriers to gallop to a new high.
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