Bitcoin is witnessing a tough battle between the bulls and the bears at $105,000, but several altcoins are showing strength with potential breakout setups.
Blockchain
Blockchain
Bitcoin is witnessing a tough battle near the $105,000 level, but the downside looks limited.
Blockchain
Bitcoin’s drop below $104,000 puts the asset into a consolidation phase where even lower lows could be tested.
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Investor profit-taking eroded Bitcoin’s bullish momentum and opened the doors to a price consolidation phase. Will traders buy altcoins at a discount?
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Bitcoin continues to be bought at each dip, but overcoming a critical overhead resistance could determine the next steps for many altcoins.
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Bitcoin price may have reached a short-term top, but this could open the door to a long-awaited altcoin season.
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Bitcoin price rallied to a new all-time high and if it holds, select altcoins look ready to follow.
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Bitcoin’s quick recovery from its Asia-trading session trade-off shows bulls are viewing every dip as a buying opportunity as BTC approaches new all-time highs.
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Bitcoin price breakouts have been capped at $104,000, but a rally through the resistance could open the door for a run to $130,000.
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Altcoin season carries on as Bitcoin price consolidates throughout the week.