Post
Topic
Board Bitcoin Discussion
Re: What should we pay attention to in the current Bitcoin market?
by
seoincorporation
on 10/04/2021, 03:06:56 UTC
The Bitcoin market is getting better and better now, and more people understand Bitcoin. So in today's Bitcoin market, what should we pay attention to?

More than the price I feel we should focus on the market capitalization, if you see it has grown a lot in the past year, and that means people are injecting huge amounts of money into it. If the market capitalization goes down that means someone sell a big amount of BTC and walks away with the money. So, pay attention to that number. I will leave a good reference to verify this value:

https://www.statista.com/statistics/377382/bitcoin-market-capitalization/