Another month went by and the $10,000 level continues to prevent Bitcoin from resuming its historic uptrend.
Little by little but cryptocurrencies started breaking their respective Triangle patterns.
The BTC positions have remained under pressure for three days in a row. On Thursday, June 25th, the leading cryptocurrency is generally trading at nearly $9250.
Many assets are stuck inside their respective Triangle patterns. Moreover, bulls haven’t been able to break the closest resistance levels and continue pushing cryptoassets upwards.
On Thursday, June 18th, the leading cryptocurrency behaves atypically, hardly moving at all. Bitcoin is trading at around $9,500 now.
Cryptocurrencies continue consolidating.
On Thursday, June 11th, BTC remains positive but does not demonstrate any bursting growth. Bitcoin is generally trading at $9,750 today.
Volatility on the cryptocurrency market remains rather low. One shouldn’t exclude a possibility of strong movements to break sideways channels in many assets.
On Thursday, the leading cryptocurrency keeps correcting, which is absolutely logical after the latest movements. Today Bitcoin is generally trading at around $9,500.
Bears are managing to prevent a very important resistance level in the daily chart of Bitcoin from being broken.
Today, on May 28th, Ethereum is generally trading at around $210. ETH is said to be underpriced by the market these days.
Cryptocurrencies continue correcting without making any significant movements.
The BTC rate has been correcting for two days after mighty growth. Today Bitcoin is generally trading at $9350.
Cryptocurrencies continue rising slowly; as we can see, the bullish pressure isn’t going down.
On Thursday, May 14th, Ethereum (ETH) price keeps growing, the second-largest crypto is currently trading at around $202, having added 6% in the last 24 hours.