Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Bitcoin News & Updates => Topic started by: Btceth01 on May 22, 2021, 11:43:26 PM
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Bitcoin is moving sideways on the higher range of $30,000 with bullish indicators in lower timeframes. The bulls expect a break-out on the previous support, now turned resistance, around $40,000. In the past day, the first cryptocurrency by market cap recorded a low at $33,000 and currently trades at $38,3000.
But while the outlook is bearish on the Bitcoin market, altcoins have seen corrections of up to 40%. Ethereum (ETH), Polkadot (DOT), and Binance Coin (BNB) recorded the worst performance in the top 10 with a 42.4%, 36%, and 48.1% correction, respectively. Source (https://cryptonews.net/685274/?utm_source=CryptoNews&utm_medium=app&utm_campaign=shared)