Bitcoin and Altcoins Spring Up, Face Strong Resistance

After a nasty decline, bitcoin price found support near USD 6,550. BTC/USD started a relief rally and climbed more than 10% in the past three sessions. It broke the USD 6,850 and USD 7,000 resistance levels. However, the price seems to be struggling (09: 00 UTC) to clear the USD 7,350 resistance area.
Similarly, there was a solid bounce in many major altcoins, including ethereum, XRP, bitcoin  Read more »
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