Market Wrap: Bitcoin and Ether Kick Off Week in Positive Territory

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MARKET WRAP: $BTC was higher Monday although still trading flat with underlying support. GWilliamsJr_CMT and _jocelynyang_ report

discussed a potential uptrend because bitcoin had been reaching a series of “higher lows,” implying that buyers are willing to acquire BTC at higher prices.

Investors may not have to abandon hope for a resumption of an uptrend, although price action seems to favor sideways trading. While prices on the hourly chart have breached the top end of the Bollinger Bands, BTC’s daily chart shows its price is situated within a close range of the median price. Today’s activity may be merely pushing BTC back to a recognized average and is not providing a catalyst to push it significantly past its current level.

 

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GWilliamsJr_CMT _jocelynyang_ I continue to regularly spend usdt to buy bitcoin regardless of the price

GWilliamsJr_CMT _jocelynyang_ Bullish ✅ let’s go xrp xlm

GWilliamsJr_CMT _jocelynyang_ Your account is absolutely hilarious. It’s like trading for dummies.

GWilliamsJr_CMT _jocelynyang_ 🚀Thnkss a millon.

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Source: Cointelegraph - 🏆 562. / 51 Read more »