Bitcoin (BTC) $76,676.64 -0.54%
Ethereum (ETH) $2,124.82 0.26%
Tether (USDT) $1.00 -0.01%
Solana (SOL) 84.935901 -0.10%
Dogecoin (DOGE) $0.10 -2.33%
Cardano (ADA) $0.25 0.26%
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Cryptocurrencies: 28960

Markets: 114116

Market Cap: $2,557,594,794,866

24h Vol: $95,209,059,350

cryptonews

2023-02-21 20:29:00

Is the Bitcoin Rally Running Out of Steam? Analysts Worry That This Key Metric Isn’t Improving

Is the Bitcoin Rally Running Out of Steam? Analysts Worry That This Key Metric Isn’t Improving

As the Bitcoin (BTC) price continues to go sideways just below the $25,000 level, traders are trying to assess whether the world’s largest cryptocurrency by market capitalization has enough oomph to muster another breakout above key resistance. For the last five days, sell pressure ahead of the August 2022 highs in the low $25,000s has kept a lid on prices.... Read More: Is the Bitcoin Rally Running Out of Steam? Analysts Worry That This Key Metric Isn’t Improving

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