Bitcoin is still holding underneath resistance at $35,400, while some altcoins are still continuing to make gains.
Wednesday morning has turned mostly green for cryptocurrencies as yesterday’s bounce, albeit not a big one, is still not faltering. Bitcoin is back to $35,400, and various altcoins are making hay.
Bitcoin not faltering
The king of the cryptocurrencies (Bitcoin) is refusing to come down from its lofty perch. Two wicks up to the $36,000 resistance have been rejected, although price action still appears to be strong.
That being said, this type of slow, grinding price action diagonally upward does give the feeling that there could be a sudden jolt to the downside at any moment. Nevertheless, this is all short term price action, and looking into the next 18 months, bitcoin certainly looks to be in a good position.
Ethereum is the tortoise
As usual, ethereum is still playing the role of the tortoise. In fact, it looks as if it is copying the tortoise so well that it might have
We współpracy z: https://cryptodaily.co.uk/2023/11/bitcoin-and-crypto-still-driving-upwards
