Bitcoin Support Holds

BTC 4hr chart, approximately 8:30am ET, 9/29/21.

BTC 4hr chart, approximately 8:30am ET, 9/29/21.

Bitcoin volume continues to dip on the 4hr, and the overall cryptocurrency market volume has been consistently under $100 billion a day which hasn’t occurred previously in weeks. Could this indicate a reversal? It could potentially if BTC continues to hold this as a support. At the time of posting the overall cryptocurrency market market cap is just under $1.9 trillion, the overall 24hr volume is just under $92 billion, and BTC dominance is at 42.3% while ETH dominance is at 18.3%.

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