Bitcoin reclaims the lost ground having gains of $1,700 leading the price over $19,000
Bitcoin reclaims the lost ground returning above $18,000 while Ripple goes the opposite side tumbles an important part of its value
Last few days, Bitcoin is struggling to remain above $18K with the asset moving like a rollercoaster going up and down with many analysts wondering if BTC is preparing the Market for another Bullish rally or not.
The week didn’t start well with the primary cryptocurrency losing all the gains it received since 27th of November leading the price all the way down to $17,600. However the world’s largest Coin recovered an important part of the losses and re-entered the green zone.
Currently, Bitcoin trades around $18,400, just $100 away from the first resistance line in order to break the new record. If the primary cryptocurrency manages somehow to break the first resistance line, then the next obstacle will be at $18,800 before it reach the psychological level of $19,000.
XRP missing the Green side
The alternative coins are marking some important gains with ΝΕΜ and Monero noticing the highest scores while Ripple stays out of the green zone as it lost almost 6% of its value.
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