Crypto Daily: Bitcoin Prepares to Exit From Triangle; Ethereum Almost Reached ATH
Bitcoin price dropped 3% yesterday and continues to fluctuate around the $35,000. Ethereum price almost reached all time high. Let’s take a look at the crypto market in general and understand what to expect over the next few days.
Bitcoin price dropped 3% yesterday and continues to fluctuate around the $35,000 mark. The slowdown of the Bitcoin trend is clearly visible — the activity of market participants, trading volume and daily volatility decreases. Besides, the last weekly candle closed with a red colour for the first time in a month.
On the contrary, Ethereum grow very quickly. Yesterday its price was as close as possible to ATH, not reaching only a few dollars. But the rest of the altcoins were mostly declining yesterday after their explosive growth on Monday.
Let’s take a look at the crypto market in general and understand what to expect over the next few days.
