RATE Group | Bitcoin and Altcoins Bulls Remain In the Driver’s Seat
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Bitcoin and Altcoins Bulls Remain In the Driver’s Seat

15 Jan Bitcoin and Altcoins Bulls Remain In the Driver’s Seat

Posted at 10:46h in Bitcoin News by

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Bitcoin price remained in a bullish zone and extended its upward move above the USD 8,550 and USD 8,700 resistance levels. BTC/USD traded towards the USD 9,000 level and formed a swing high near USD 8,850. It corrected lower recently, but the bulls remain in action and the price could rise above USD 8,900.

Also, there were strong gains in major altcoins, including ethereum, XRP, bitcoin cash, litecoin, EOS, BNB, ADA, TRX, BSV, DASH and XLM. ETH/USD is up around 15% and it tested the USD 170 resistance area. XRP/USD is also climbing and the bulls were able to clear the USD 0.225 and USD 0.232 resistance levels.

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Bitcoin and Altcoins Bulls Remain In the Driver's Seat 101
Source: www.tradingview.com

Bitcoin price

In the past few sessions, bitcoin price gained pace above the USD 8,550 resistance level. The upward move was such that BTC/USD even climbed above USD 8,800. However, the bulls failed to test the USD 9,000 level. As a result, there was a downside correction, but the USD 8,550 and USD 8,600 levels…

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