Bitcoin Holds Above Support Level, Attempts to Revisit $40,500 Resistance
Submitted by Anonymous (not verified) on Mon, 02/08/2021 - 14:04Bitcoin (BTC) price has been consolidating above the $38,000 support since February 7, 2021.
Bitcoin (BTC) price has been consolidating above the $38,000 support since February 7, 2021.
Despite the cryptocurrency and blockchain industry being nascent, it is rapidly growing in all terms, including job opportunities.
Tezos has been making an upward move but it is facing resistance at $3.50 high. The candlesticks are indicating long wicks.
Since January 28, the altcoin has been in an upward move. EOS reached a high of $3.37 but failed to continue the uptrend.
On February 5, Ethereum attained a new high of $1,760.
Yesterday, Ripple bulls made positive moves into the previous highs after a disappointing price spike.
The cryptocurrency market is among the biggest unregulated sectors in the globe.
Bitcoin Cash bulls are desperate as they attempt to break the $440 resistance today.
Litecoin has moved up to $156 high after retracing to the low of $141.
The wave of cryptocurrency adoption in Africa seems to be gaining much traction.
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