Cryptocurrencies Test Key Levels From 2017 Bull Trend

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.

Additionally Learn: ETF Filed With SEC to Spend money on Bitcoin Futures, Bonds, and Mutual Funds

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.

BTC/USD – Bitfinex – 1D

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.

Markets Update: Cryptocurrencies Test Key Levels From 2017 Bull Trend
BTC/USD – Bitfinex – 4HR

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…

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