Crypto analysis today

Monday 28 March 2022

In December 2021 bitcoin experienced a decline in price which resulted in the price of other coins in the crypto market experiencing a decline in price including bitcoincash.

We know the price of coins in the crypto market is very volatile, there are many things that affect the price of coins such as:

• Demand and supply

• Fundamentals

• Regulation

• Use of crypto assets

• Market capital

Of course if we want to sell we also have to first analyze the coin we are going to sell, if you bought BCH for $350 and now BCH is bullish up to $380, most people will sell because they think they have made a profit. , Yes that's correct, basically we buy when the price is low and sell when the price is high or you buy when the price is low and don't sell and choose HOLD until the price of the coin really goes high.

If we look at this chart bitcoin is experiencing a bull run, and the chart above shows the cross of the 50 and 100 day moving averages could be strengthened by a triangle breakout. A bullish crossover will also occur if the short term average is about to cross the longer term move and this could be bullish for bitcoin. Of course it will also be good news for other coins to follow bitcoin price movements, and for today I checked the bitcoin price on coinecko.com/id was at $47,000 and better than last week.

We will see in the future whether the resistance above can be overcome or not, if it is breakresistant in the chart above, I believe the price of bitcoin can rise to more than $50,000.

And as we know, today's BCH is also bullish, and in my opinion it will continue to increase slowly, on the chart above BCH is at $381 and this is also a good increase for BCH.

You can see more about the complete information about the price at coingecko.com/id

By looking at the bitcoin chart above, I personally think the price of the coin in the crypto market will continue to increase and will probably continue to increase in the next month.

And keep in mind again that all of this does not only require graphic analysis, but we also have to look at fundamentals, regulations and other things that can move the price of crypto coins.

Note: this is my personal analysis there may be differences with yours.

• Lead image from Pixabay.com