Bitcoin and Altcoins Correcting Strong Gains

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Bitcoin and Altcoins Correcting Strong Gains

This week, we saw a bearish extension in bitcoin price below the USD 7,000 and USD 6,850 support area. However, the USD 6,550 support area acted as a strong buy zone, resulting in a sharp recovery in BTC/USD. The price surged close to USD 1,000 and climbed above many hurdles including USD 7,000.
Similarly, there was a decent recovery wave in most major altcoins, including ethereum, XRP, bitcoin  Read more »
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