Bitcoin’s price action remains lackluster, but select altcoins are showing signs of breaking out of their respective resistance levels.
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Bitcoin’s price action remains lackluster, but select altcoins are showing signs of breaking out of their respective resistance levels.
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Bitcoin and several major altcoins are trading inside a range, indicating that a strong catalyst is needed to start the next trending move.
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Several Bitcoin price indicators suggest that BTC’s narrow trading range could end soon, resulting in a volatile price move in BTC and altcoins.
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Bitcoin’s failure to rebound off strong support levels increases the risk of a deeper correction that could also negatively impact altcoins.
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Bitcoin and several altcoins are taking a breather after the sharp rally of the past two days, but the general trend remains bullish.
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Bitcoin continues to face strong resistance at $31,000 but supportive macroeconomic factors could tilt the advantage in favor of the bulls.
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The weakness in the U.S. dollar index bodes well for Bitcoin and the altcoins in the near term.
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Bitcoin and select altcoins are finding buyers at lower levels, indicating a pick-up in positive sentiment.
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Bullish crypto traders are struggling to clear the overhead barrier in Bitcoin and select altcoins, indicating that bears have not given up yet.
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The bulls are trying to nudge Bitcoin above the critical resistance of $31,000, which may start a broad-based crypto rally.
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