RATE Group | Bitcoin and Altcoins Dip Remains Attractive To Bulls
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Bitcoin and Altcoins Dip Remains Attractive To Bulls

13 Feb Bitcoin and Altcoins Dip Remains Attractive To Bulls

Posted at 10:39h in Bitcoin News by

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Recently, bitcoin price made another attempt to climb above the USD 10,500 resistance area. However, BTC/USD failed to continue convincingly above USD 10,450 and recently started a downside correction. On the downside, there are many key supports near USD 10,050 and USD 10,000.

Besides, there was a significant upward move in most major altcoins in the past three sessions, including ethereum, XRP, litecoin, bitcoin cash, BNB, EOS, TRX, ADA, and XLM. ETH/USD jumped above the USD 260 and USD 270 levels before correcting lower. Also, XRP/USD surged close to 18% and traded above USD 0.330.

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Bitcoin and Altcoins Dip Remains Attractive To Bulls 101
Source: www.tradingview.com

Bitcoin price

After another rejection near USD 10,450 bitcoin price started a downside correction. BTC/USD dipped below the USD 10,250 support, but there are many supports on the downside. The first key support is near the USD 10,050 and USD 10,000 levels. The next major support is near the USD 9,850 level.
On the upside, an initial…

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