Cryptocurrency markets have experienced significant shifts throughout 2021, with bearish and bullish trends influencing the market. BTC has seen exponential strength in Q4, trading within a range of $34,546 to $35,892 and increasing by 1% in the past 24 hours, and 42% in trading volume. Interest from Hong Kong in Bitcoin ETFs and cryptocurrency has further boosted investor enthusiasm, while high BTC transaction fees and data from IntoTheBlock indicating that 78% of BTC holders are currently realizing profits has been indicative of an overall bull trend. If Bitcoin is able to break through the $35,470 resistance level, it could potentially reach the $35,820 mark, with further dips likely to test support at $34,190.



Other News from Today