According to a new report from Crypto.com, compared with 2021, global cryptocurrency holders will increase by 39% in 2022. The total number of cryptocurrency holders increased from 306 million at the end of 2021 to 425 million at the end of 2022. This is a positive development for the industry, as 2022 is generally a bear market. The number of Bitcoin (BTC) holders increased by 20% from 183 million in January to 219 million in December. Additionally, BTC is the most owned asset, accounting for 52% of global cryptocurrency holders.
Bitcoin BTCUSD - 4-hour K-line chart shows:
Brief technical analysis:
Looking at the 4-hour chart: After a short-term consolidation at a high level, it is slowly rising, the bulls in the market are weak, and they are still at a high level in the short term.
Long-short turning point: 20922
Repression: 21331, 21628
Support: 20625, 20318
Trading strategy: Bullish above 20922, target 21331, 21628
Alternative strategy: bearish below 20922, target 20625, 20318