Does the trading volume of crypto, Bitcoin fall towards USD 3.000? New contraction in cryptocurrency negotiations.
In the past 48 hours, the volume of the cryptocurrency market has fallen from $ 15 billion to $ 13 billion, while Bitcoin's price has fallen below $ 3.600. Just enough to push analysts to renew the concerns regarding the drop in the volume of digital activities and the potential cryptocurrency scenario in free fall without significant selling pressures by bears.
- Price $44,236.00
- Market Cap
In general, traders in the cryptocurrency market expect from the 2019 a lackluster year with low volatility. In the short term, however, many traders predict that most cryptocurrencies, including Bitcoin, can be put into difficulty by testing key support levels in a low price range.
Meanwhile, the combined valuation of all the cryptocurrencies on the market has fallen by nearly $ 100 billion since November 2017. Considering the lack of momentum in the cryptocurrencies and the inability of dominant digital assets such as Bitcoin and Ethereum to break important resistance levels , many technical analysts point out that 2019 could be a low volatile flat year.