Two of the biggest-by-market cap cryptocurrencies, Bitcoin and Ethereum, have perked up near the lows. Both have been trending down for the past month and looked as if they would test their recent lows created on 6/22: $28.8k for Bitcoin and $1700 for Ethereum. However, while Wednesday's price action has stopped the bleed, will altcoins jump on the potential rally? When it comes to resistance levels, the first hurdle for Bitcoin to clear and hold would be the 36k area. If it does, by then it will have also cleared its 50-day moving average at 34.5k and will show a breakout from the downward trend. {chart} On the ... (full story)