RATE Group | Crypto Market Recovers $15 Billion, Bitcoin Flirting With $7K
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Crypto Market Recovers $15 Billion, Bitcoin Flirting With $7K

25 Nov Crypto Market Recovers $15 Billion, Bitcoin Flirting With $7K

Posted at 13:02h in Bitcoin News by

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  • The total crypto market cap is currently correcting higher from the $170.0B support area.
  • Bitcoin price is up around $250 and it is now trading near the $7,000 resistance area.
  • EOS price jumped from the $2.350 support area and climbed above $2.500.
  • Ethereum price is showing positive signs above the $142 level.
  • BCH price bounced back and it is now trading above the $200 pivot level.
  • Tron (TRX) price is back above $0.0140 and it could soon revisit the $0.0144 resistance area.

Bitcoin (BTC) and the crypto market cap are currently correcting higher. Ethereum, ripple, BNB, BCH, litecoin and EOS are recovering, but facing many resistances.

Bitcoin Price Analysis

After a downside break below the $7,000 support, bitcoin price traded close to the main $6,500 support area (as per the medium term outlook). The bulls took a strong stand and the price recently started an upside correction.

BTC price is now trading above the $6,800 level and testing the $7,000 resistance area. If there are more gains,…

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