Bitcoin technical analysis

Market picture

Bitcoin was almost flat on Thursday but started Friday with a 6% plunge, momentarily dropping to $21.5K. Ethereum is losing 4.5% overnight to $1760. Leading altcoins are down 7% (XRP) to 12% (Solana).

Total crypto market capitalisation is down 4.2% to $1.07 trillion, according to CoinMarketCap.