Bitcoin (BTC) $62,582.13 1.99%
Ethereum (ETH) $1,752.01 2.77%
Tether (USDT) $1.00 -0.01%
Solana (SOL) 82.555704 2.39%
Cardano (ADA) $0.18 6.41%
Chainlink (LINK) $7.91 1.78%
Litecoin (LTC) $44.30 2.63%
Dash (DASH) $35.57 0.73%
Polygon (MATIC) 0.25693 2.45%
Helium (HNT) 0.247376 2.51%
X-Cash (XCASH) 1.0E-6 0.14%
Dogecoin (DOGE) $0.00 4.26%

Cryptocurrencies: 29369

Markets: 112822

Market Cap: $2,167,245,748,433

24h Vol: $64,863,278,229

CoinGape

2023-01-10 16:45:23

How Far Will Bitcoin Price Continue Its Ongoing Recovery Rally?

How Far Will Bitcoin Price Continue Its Ongoing Recovery Rally?

The U-shaped recovery in the Bitcoin price revealed the formation of a rounding bottom pattern. In theory, this bullish reversal pattern indicates a slow yet sustained recovery, which soars the assets price higher. Though the BTC price is currently struggling to surpass the local resistance of $17300, this bullish pattern may bolster buyers to achieve The post How Far Will Bitcoin Price Continue Its Ongoing Recovery Rally? appeared first on CoinGape .

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