Bitcoin price started a downside correction from the USD 50,500 resistance. BTC declined below the USD 49,200 support level, but it remained well bid above USD 48,500. It is currently (11:45 UTC) consolidating above USD 49,000, with a major resistance near USD 50,000.
Similarly, most major altcoins are struggling to gain bullish momentum. ETH is facing an uphill task near USD 3,350 and USD 3,380.
Similarly, most major altcoins are struggling to gain bullish momentum. ETH is facing an uphill task near USD 3,350 and USD 3,380.
