What we need in this Time ?

Bitcoin rose and reached 51,000 dollars in the past few days and achieved a new number after great suffering, which was below 50 thousand dollars, which lasted for about December and some of November, but in any case, this increase is very good, although it does not exceed a few thousand dollars.

At the present time of the year, there are many rumors that say that we started in the Bear Market and that the market is in a downtrend and many preferred to keep their money in the form of USDT, but the Bitcoin went against everyone’s expectations and rose to reach 52 thousand dollars before returning and settling above 50 thousand dollars by about 800 dollar .

The rise of the bitcoin led to the rise of the Marketcap to reach nearly 2 trillion and 400 billion dollars, as the rise of the bitcoin caused a good jump for many currencies, but it did not last long for many who fell nearly 1% after the simple bitcoin correction.

Therefore, we find that BTC Dominance rose about 0.2% to reach 40.5%, while Ethereum reached 20.4%.

Horizontal Direction

Most currencies started after this slight rise in the horizontal direction at the top of the chart, so all we want these days is to stabilize above 50 thousand dollars.

The stability of Bitcoin above 50 thousand will maintain the momentum that most currencies have reached, and will preserve them from the downtrend at this time of the year, as this rise was a surprise to everyone in light of the current conditions the world is witnessing.

So we hope that Bitcoin will continue above 50 thousand and Ethereum will continue above 4000 dollars for a period of time and at least a week from time until the end of the year and then the direction in which the market will go will be determined according to many factors, but most indicators say that Bitcoin will have its goal in 2022 is 100 thousand dollar .

Accordingly, the best plan is Hodl for a number of currencies, and I recommend to you the most prominent ones, which are Ethereum, Terra and Mana.