Following strong gains towards the end of yesterday’s session, BTC consolidated today, as markets prepare for Easter weekend. Bitcoin’s price surged late on Wednesday, hitting a key resistance point in the process. ETH also hit a ceiling during the session.
Bitcoin
Following a late surge towards a key resistance level of $41,500 on Wednesday, BTC was marginally lower, as traders prepared for the long Easter weekend.
BTC/USD rose to an intraday high of $41,451.48 late on Wednesday, however this resistance point held firm, sending prices lower today.
Earlier today, BTC fell to an intraday low of $39,714.69, however it has since climbed, and is currently trading around $41,031.26, which is up roughly 3% from the previous bottom.
BTC has dropped by almost $10,000 from its peak of $48,220 only two weeks ago, which was its highest level in over four months.
However, after weeks of declines, it appears as though we may have found a stable floor, which was at $39,300, with bulls now look
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