The swing is still going around 50k

Hello Everybody,
We are now close to the end of the year and everyone is celebrating and what we need to know in these days that market is also celebrating with us and doing very good performance and I will talk about this in this post.

In the meantime, the bitcoin price crossed the $51,000 barrier, as its price reached about $51,280, after a good rise today that reached 2%, but this is not what matters. The positive point actually is that the weekly bitcoin rise reached 11%, and for the rest of the market, the day was decorated in green. Like a Christmas tree.

The change that occurs in the market from swinging around 50k from falling and rising was not expected, as traders are accustomed to an up or down trend, but for this market condition, there are few who can benefit from it, whether by buying or selling.

As the expectation that the price will rise and fall by 2% or 5% in a short period between days can only be done by a professional technical analyst. As for us, we are small users, all we have to do is Hodl and wait for what the coming days may hold for us.

We are all waiting for the beginning of the year to see what can happen. Bitcoin is expected to rise in the first quarter of next year, but if the opposite happens, we will also be ready with USDT to increase our currencies. As for the time being, it is more like a stalemate. buy or sell.

Good weekly performance

As for the weekly performance of cryptocurrencies, it is the best possible at the present time, compared to last week, which was the prevalent red candles and the decline was also prevalent.

But currently, the weekly performance of Bitcoin and most Atlcoins is very impressive. For Bitcoin, as we mentioned, it increased and reached 12%, and for Solana, it rose about 18%, and also ADA reached about 28%, and if I was surprised by this wonderful performance, I will surprise you even more.

There are currencies that rose more than 70% this week, such as FTM and NEAR, to find that the chart this week for most cryptocurrencies is in an upward trend, and this is very good. If we continue to the end of the year in this way, it will be a bright spot for the new year.