Hi hive friends.
Hopefully all of you are fine. The way we see the market has stagnated for the past few days, we rarely see this kind of scene. They are doing it this way because we all know that after five or six days CPI report is coming. Within a full 24 hours the market has given a trade of $300.
The way we all wanted Bitcoin to stand still would be the advantage that we will get to see the time altseason but the dominance are still not coming down. If it stays like this for a few more days, we will see it start to come down because people will lose trust and they will think that it will come down now.
Its condition is exactly the same, it also stands in its original position, goes up a little, then comes down again and stands still. As we saw a few days ago, the whales had enter in it which caused it to be pump and now it is back in the same place.
Good thing it's making 40 Cent a much better support of his own. If it doesn't come down here, then from here it will pump again and try to get cross 60 cents.
As we saw a few days ago Bitcoin's dominance had a little bit of support and was starting to come down but now it has come back up and is standing at the same place. Until they are down people will not start putting money into another coin and the market will see us standing up like this.
By the look of it, it looks the same, neither are people bringing their bitcoins into the stable coins, just people holding it and waiting for the report. If the interest rate is high, they will sale Bitcoin and other assects.
