Bitcoin (BTC) is traded without the main support levels after the massive sale pressure has reached the market, which leads to enhancing fear and uncertainty among investors. Since the beginning of March, BTC has lost more than 19 % of its value, raising fears that the negative side may be at the forefront. Both the broader encryption market and the stock market in the United States have suffered, where fears of the World Trade War and the volatile conditions of the economy continue to get rid of investor confidence.
Despite the declining direction, the dominance of the Bitcoin market has risen steadily since 2022, which represents one of the longest periods of continuous growth in its history. This dominance reflects the flexibility of BTC compared to Altcoins, where investors turn to BTC during uncertainty periods. However, while Bitcoin’s share of the market grows, the user’s active participation continues to decline.
The data on the series shows that ETHEREUM (ETH) and the open network (TON) has witnessed significant growth, with more activity on these networks to these networks. With the acquisition of a 1 Blockchains, the Bitcoin faces the competition for the size of transactions and the user sharing. With BTC struggling to maintain main levels, the coming weeks will be very important in determining whether BTC can restore momentum or if there are other losses in the future.
Bitcoin rolling continues with the growth of market dominance
Since late January, Bitcoin has been in a continuous declining direction, with fear and uncertainty that drives the market to a decrease. Many investors now believe that the bull cycle has ended as BTC is struggling to get the main support levels, setting less goals with each new wave of sale pressure. The bulls have lost control of momentum, and there are no clear signs of strong support, leaving the nervous market and pessimism over short -term expectations.
Despite the constant correction, Bitcoin is still outperforming Altcoins, while maintaining its hegemony in the encryption market. Compared to the most dangerous assets, BTC is still seen as a safer bet, especially since the capital rotates away from high -risk symbols. Visions from INTOTHEBLOCK In X it reveals that the dominance of the Bitcoin market has been at a fixed rise since 2022, which represents one of the longest sustainable growth periods. This indicates that, even amid the pressure pressure, BTC remains the leading force in encryption, as investors showed BTC preference over alternative assets.
However, despite the high dominance of the Bitcoin market, its share of active users decreases. More activity is transformed on the series towards Ethereum and other layer 1 networks, such as the open network (TON), indicating that users explore the alternative ecosystems of Defi, NFTS and payments. This trend raises questions about the long -term Bitcoin benefit, exceeding its role as a value store.
With BTC trading at a critical level, the coming weeks will determine whether Bitcoin can settle and recover or whether the current declining trend will continue, testing low support levels.
Bitcoin is struggling under the main intermediate an intermediate an intermediate, the bears gain strength
Bitcoin is trading at $ 82,500 after failing to restore the moving average for 200 days, which is the decisive technical level that often determines the direction of the long -term direction. With the inability of BTC to push a higher momentum, the landfill continues to construction, which makes it difficult for bulls to restore control. Every day BTC is still less than this indicator, bears gain more strength, which increases the risk of increasing negative pressure.
In order for the bulls to start a recovery, BTC must keep the current demand levels and pay more than $ 86,000, which corresponds to the 200 -day SIA moving average (EMA). A break and contract over this area would indicate a renewed renewal momentum, which may open the door for a wider market recovery. However, without a strong payment over the resistance, BTC can remain stuck in the declining direction, making return to higher price levels more difficult.
If Bitcoin loses a critical $ 80,000 sign, it will be a major shift, which probably leads to another wave of sale pressure. This scenario may speed up the BTC decline, which is likely to send it towards low demand areas, which increases the current declining direction. The following few trading sessions will be decisive in determining the main step next to Bitcoin.
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