Bitcoin: The primary cryptocurrency reclaiming $18K resistance level and Altcoins follow!

Bitcoin has gained $1,000 during the weekend in less than 24 hours and currently sits at $18,069 breaking the psychological level of $18K.

After the huge massacre that suddenly happened to the most of Cryptocurrencies earlier this week, things seems to be positive as the King of Coins jumped above $18K once again, while Ethereum reclaimed $550.

Last week was full of Ups and Downs for the Crypto industry as Bitcoin plunged by $3,000, while the total Market Cap and the rest altcoins had no better luck, following their leader all the way down. As a result, almost $80 Billion were vanished in less than 5 hours.

The largest coin of all, was struggling below $17K during the week, but it successfully managed to leave this “crisis” behind, and surged above $17K. However BTC had many unsuccessful attempts to reach $18K but the situation changed during the weekend.

To sum up, many analysts are confident about the Bullish rally that will lead the primary cryptocurrency on the road to $20K, no matter how many times it is going to drop. Same for the rest altcoins, Ethereum retraced from its yearly high of $620 to $485. Ripple was performing very well, raising its value by doubling the price topping at $0.80, but unfortunately it could not maintain the price and tanked at $0.46.

Bitcoin will win the race and so the rest coins will!

“InstaSwap is a Non-Custodial Exchange Platform that allows users exchange directly at market price within minutes.

If you want to know more about us visit our website: www.instaswap.io”