Daily Market Analysis - BTC
The market has taken quick downturn shedding nearly 
20B in the span of 48 hours. Right now, the market cap is down to 242.46B. Dominance is down to 56.13%.
The drop in Bitcoin price has had an adverse affect on the alt market. As the price has dropped, the market dominance for alts has risen, which suggests possible short-term price decoupling between the markets.
The price of Bitcoin is currently in a free fall, the volume has remained bearish and flat over the past 24 hours.
Indicators are nearing oversold territories, and the current low is still at a higher low than the sell off on 5/17/19.
Critical levels of support to watch over the next 24 hours are 7600, 7400, and 7200.
20B in the span of 48 hours. Right now, the market cap is down to 242.46B. Dominance is down to 56.13%. The drop in Bitcoin price has had an adverse affect on the alt market. As the price has dropped, the market dominance for alts has risen, which suggests possible short-term price decoupling between the markets.
The price of Bitcoin is currently in a free fall, the volume has remained bearish and flat over the past 24 hours.
Indicators are nearing oversold territories, and the current low is still at a higher low than the sell off on 5/17/19.
Critical levels of support to watch over the next 24 hours are 7600, 7400, and 7200.
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