The main cryptocurrency is trading around US $36,000 this Saturday, after a week marked by instability.
Bitcoin still unable to cross the level of US $ s38.000 that traders cryptocurrencies considered “crucial” for the price of BTC is consolidated to the upside.
This Saturday it is trading around US $36,000, after a week marked by instability.
A move up or down is closely followed by traders, as a pullback to $30,000 could be too strong to preserve the bull market.
On the contrary, a push towards US $39,000 could start a new phase of consolidation.
As for altcoins, the outlook was grim for traders in the last few hours, as they faced losses of around 4% in the main tokens.
Thus, the dominance of the market capitalization of Bitcoin improved and reached 44%, when at the beginning of the week it was equal to less than 42%.