Bitcoin’s (BTC) tough recovery and move towards the psychological level at $50,000 has become better and has improved the overall sentiment in the crypto sector. This has increased the total crypto market capitalization to over $1.9 trillion. Recent data shows a sharp increase in the bitcoin transactions surpassing the $1 million in the last few months. The on-chain analytics firm pointed out in its report that the transactions by the $1 million to $10 million group increased when Bitcoin corrected to $29,000 in July. This proves that institutional investors might have been purchasing is somewhat “fairly constructive for price.” BTC/USDTThe bears have been trying pull the price below the 200-day simple moving average ($45,091) for the last two days but the bulls are staying strong. The 20-day substantial moving average ($41,010) has been increasing and the relative strength index (RSI) is in the overbought zone pointing those bulls are ahead. If the buyers increase the price abo
Źródło: https://tokeneo.com/crypto-price-analysis-btc-eth-bnb/
