Despite the rise of the cryptocurrency to a two-month high, few believe that the current momentum will turn out to be anything more than a bear market rally. The market has yet to recover from the FTX crash, so it seems symbolic that bitcoin has now reached levels prior to this dramatic event. Yesterday the asset reached $21,484 according to the cryptocurrency screener Cryptovizorwhich determines the market price of BTC/USD based on the results of trading on the largest spot exchanges. 1 week BTC/USD chart and 21 week moving average. Source: Cryptovizor Analytical resource Material Indicators noticed on the importance
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Author: NixCoin