Bitcoin Bounce Back Strong To $20000 Mark of psychological border line. After Hitting Low at 17.6K
Bitcoin snapped a 12-day slide, bouncing along with the rest of the cryptocurrency market after a record-breaking string of declines.
Bitcoin touches the lowest mark at $17599, and Ether at $881. This is the lowest after 2020
Bitcoin came tantalizingly to $20,000 and Ether climbed up to $1111.
Even with the rally on Sunday, Bitcoin is down almost 40% in the month and is more than 70% below its record-breaking high in November.
Trading has been heavier than normal this weekend, with Bitcoin volume approaching $40 billion in the 24 hours
It's time to enter the market freshly as the bitcoin bounce back to the psychological support zone. Need to confirm whether the 20k level sustains or not.
> Major Fed Policy Impacts on Crypto Currency, badly and
> The collapse of The Terra Ecosystem Invited Investors to Sell off.
The total market cap of cryptocurrencies was around $900 billion on Sunday down from $3 trillion in November, CoinGecko data shows.
If we can get and hold above that level it will be quite bullish