View full page at cryptocraft.com

 

Bitcoin enters short-term correction

From fxpro.news

Despite the positive performance of the US stock indices, Bitcoin continued its unsuccessful attempts to consolidate above $23,000 on Wednesday. The crypto market has, at least, paused after rallying since the beginning of the year. otal capitalisation is down 2.9% over the last 24 hours but remains just above $1 trillion. Among the top altcoins, Ethereum loses 4.9%, while the rest are down between 2.9% (Litecoin) and 6% (Solana). In Bitcoin, today’s lows at $22.3K are part of a typical correction from the momentum of last week’s lows. A break below $ 22.2K suggests a deeper correction to the $20.5-21.0K area. ... (full story)

Story Stats

  • Posted:
  • Category: Technical Analysis