RATE Group | Bitcoin, IOTA and Cardano continue to rise
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Bitcoin, IOTA and Cardano continue to rise

27 Apr Bitcoin, IOTA and Cardano continue to rise

Posted at 08:16h in Bitcoin News by

Source: Wit Olszweski – Shutterstock

  • The Bitcoin price was able to break through the important $7,700 mark in the last few hours, but has bounced off the strong resistance along the $7,800 mark for the time being.
  • Ethereum, Cardano and the Altcoin market are currently following the trend of BTC and are also showing strong increases.

The Bitcoin price managed to break through the $7,700 mark in the last 24 hours, but has bounced off the strong resistance of $7,800. With a price increase of 2.28 %, BTC trades at $7,694.38. The market capitalisation of Bitcoin has risen from $138 billion to almost $141.8 billion.

The well-known trader Mac describes on Twitter that the fundamentals for Bitcoin have not changed and that BTC is still bullish. He has increased his long position and is waiting for Bitcoin’s reaction along the $8,000 mark. In his opinion, Bitcoin could fall to the resistance level along the $7,000 mark.

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