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

  • 📰 CoinDesk
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 63%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

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.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

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.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 291. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Next few weeks are 'critical' for stock market and Bitcoin, analyst saysFind out why the next few weeks will be 'critical' for both the stock market and Bitcoin in our latest interview with alessiorastani alessiorastani This is insane game moodifier alessiorastani Hmm 🤔 alessiorastani Sounds like I should spend more USDT on the dips.
Source: Cointelegraph - 🏆 562. / 51 Read more »