BTC price action is already in recovery after a modest drop, and traders are favoring upside.
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BTC price action is already in recovery after a modest drop, and traders are favoring upside.
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Bitcoin bulls fell short of flipping the $38,000 level to support, and one analyst said on-chain data signals that BTC could see “a smaller drawdown.”
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DOGE, KNC and KAVA are just a few of the altcoins that posted double-digit gains as Bitcoin and Ethereum price rallied to key overhead resistance levels.
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Altcoins are picking up steam as the relief rally in Bitcoin and Ether gains traction.
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Dogecoin bull run is not over thanks to Coinbase listing and simultaneous DOGE price rally.
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The meme coin’s renewed surge comes shortly after a listing on Coinbase and renewed meme posting by Elon Musk on Twitter.
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DOGE trading will be rolled out in three phases, the exchange said. Traders will be able to access the coin via BTC, ETH, USD, EUR and USDT.
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Bitcoin and altcoins are attempting to start a relief rally, suggesting traders have decided to start buying at lower levels.
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