Bitcoin Hits $112K Resistance As Altcoins See Marginal Inflows
Bitcoin and select major altcoins have bounced off their support levels but are expected to face selling at higher levels.
Bitcoin and select major altcoins have bounced off their support levels but are expected to face selling at higher levels.
Bitcoin’s inability to hold its intra-day range highs and repeat retests of the $107,000 support proves that bears are still applying plenty of sell pressure. Is a sell-off to $100,000...
Bitcoin price looks set to retest the $100,000 level, and ETH falls close to monthly lows as traders struggle to recover from last week’s record-setting sell-off.
Bitcoin and altcoins struggle to hold their intra-day gains as bears pile into shorts and order books remain thin.
Bitcoin and select altcoins are showing sharp profit-booking by short-term traders, signaling a short-term pause in the rally.
Bitcoin rallied back above $124,000, giving altcoin traders the green light to pile into new long positions.
The crypto market has turned in Bitcoin’s favor as BTC chases new highs and several altcoins move closer to breaking key overhead resistance levels.
Bitcoin’s rise above $117,500 has pulled several altcoins higher, signaling that the bulls are back in the driver’s seat.
Bitcoin may have avoided a bearish double top, but a daily close above $107,0000 is needed for confirmation.
Bitcoin charts hint at consolidation in the $107,000 to $117,500 range for the foreseeable future. Will the predictable price action give altcoins a chance to rally?
Bitcoin may continue consolidating in a large range between $107,000 and $124,474, while individual altcoins outperform.
Bitcoin aims to break through the $117,500 resistance, and several large-cap altcoins look ready to rally to new highs.
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