Bitcoin tests $ 48,000 πŸš€

    After several sessions of consecutive increases, Bitcoin observes this Wednesday, March 30, 2022 a session of consolidation. The currency is expected to quickly test $48,000, a level it already failed to yesterday after a strong bullish bias. This Wednesday remains a pivotal session for cryptos.


    After several big sessions, Bitcoin is facing a first resistance around $48,000. A resistance where the currency failed yesterday with a pullback at the end of the day after its very strong bullish bias which led it around 47,500 dollars.

    This Wednesday is therefore a day of consolidation with two major stakes: one where Bitcoin will try to maintain its high levels at $47,500, the other where it will have to try $48,000 or at least aim forward. .

    Markets dependent on Bitcoin πŸ˜₯

    If many investors are regaining optimism around Bitcoin this Wednesday, one thing is becoming more and more present: the dependence of the markets on BTC. Cryptocurrencies and tokens are all eyeing Bitcoin and cannot do without it to hope to capitalize.

    Bad news that once again demonstrates a Bitcoin-related crypto market. We will once note the positive correlation between the evolution of Bitcoin and the cryptocurrency market with BTC down 0.04% over 24 hours and a global digital currency market down 0.02% over 24 hours (2.15T $).

    Image source Quantitative 🎯

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    Lucas Jackson
    Lucas Jackson
    CEO & Founder, | Blockchain's project advisor
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