Investors noticed a sharp change in the trend in the market: Bitcoin lost positions, and the air showed the record growth of quotations over the past few days. Sports Bitcoin-ETF recorded six trading sessions in a row with a clean outflow of capital with a total volume of $ 1.2 billion. Buying the first cryptocurrency company Strategy, the largest public holder of the first cryptocurrency, also turned out to be less than usual.
This demand was not enough to stabilize trade and maintain a bitcoin exchange rate, said QCP Capital experts. According to them, the dominance of bitcoin decreased from 60% to 57% against the background of an asset rotation. Despite the fact that the indicator is higher than the 2021 altcoin season, the current position of Bitcoin speaks of changing the mood of investors awaiting the air of the air, and not BTC, according to Qcp Capital.
The second in capitalization of cryptocurrency demonstrates force against the background of growing demand, while bitcoin is undergoing a period of consolidation after the sale of a large investor, analysts summed up.
Earlier, the Santment O promotion specialists said that in the short term, Bitcoin will not be able to return to the bull trend, as most investors have begun to fix profit.
Source: Bits

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