Bitcoin Bullish Outlook | Double Bottom On Weekly Time Frame | Ethereum Gearing Up for Another Lift
1 year ago
Ethereum
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#bitcoin
Bitcoin gained pace and even spiked above the $22,000 resistance against the US Dollar. BTC is correcting gains, but dips might be limited below $21,500.
Bitcoin was able to clear the $21,200 and $21,500 resistance levels.
The price is now trading above $21,500 and the 100 hourly simple moving average.
There is a key bullish trend lien forming with support near $21,600 on the hourly chart of the BTC/USD pair.
The pair is correcting gains, but dips might be limited below the $21,500 level.
#ethereum
Ethereum gained pace above the $1,700 resistance against the US Dollar. ETH is showing positive signs and might even clear the $1,800 resistance.
Ethereum started a major increase and settled above the $1,700 level.
The price is now trading above $1,700 and the 100 hourly simple moving average.
There is a key bullish trend line forming with support near $1,725 on the hourly chart of ETH/USD.
The pair must clear $1,780 to continue higher towards $1,880 in the near term.
#cryptocurrency
Today's Cryptocurrency Prices by Market Cap
The global crypto market cap is $1.06T, a 0.59% increase over the last day.
The total crypto market volume over the last 24 hours is $75.50B, which makes a 8.94% increase. The total volume in DeFi is currently $5.31B, 7.03% of the total crypto market 24-hour volume. The volume of all stable coins is now $68.81B, which is 91.14% of the total crypto market 24-hour volume.
Bitcoin�s dominance is currently 39.51%, an increase of 0.45% over the day.
Bitcoin At Resistance : https://youtu.be/JtGapYZoniI
Unexpected Pump May Lead Bitcoin To Unexpected Dump : https://youtu.be/llVK9p-KFgo