The cryptocurrency markets are buying and selling at important long-term worth areas, with BTC at the moment channeling between key ranges from the 2017 bull run. In different market motion, BCH and ETH have continued to consolidate above the $100 space.
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BTC Trades Between Main Lengthy-Time period Value Zones
For the final two months, BTC has established a worth vary comparable to areas of long-term significance.
As of this writing, bulls try to ascertain help at roughly $three,600 after bouncing off what might comprise the next low on the $three,400 space. Throughout 2019 to date, BTC is but to re-test final 12 months’s low of roughly $three,100, nor has worth motion damaged above resistance at $four,400.
When trying again to mid-2017, the value ranges correspond to key areas from BTC’s first run as much as $5,000, along with…