BTC price regained support above multiple zones amid sustained upside on Monday
Bitcoin ár is up 7% in intraday trades on Monday after bulls shrugged off a weekend sell-off catalysed by fresh negative news from China.
The price of the benchmark cryptocurrency rose to highs of $44,338 during the Asian trading session, with the upsurge for the top crypto cascading through major altcoins.
Az altcoinok között Ethereum (ETH) is seeing the most gains in the top-10 category by market cap, with ETH/USD up 12% in the past 24 hours. Other coins to post swift recoveries following the Friday sell-off are Solana (SOL) with 9.8%, Binance Coin (BNB) with 9.3% and XRP 7.6% -kal.
Overall, the total crypto market capitalisation rose more than 6% to stand at around $2.03 trillion at the time of writing.
BTC price bounces above $44k
Bitcoin’s price had slipped to lows of $40,555 last week as panic hit the market on the back of a new crackdown on Bitcoin and crypto trading in China. The dump threatened to send BTC price below $40,000, but after a weekend of bullish strength, the crypto is back above $44,000 as buyers target more gains this week.
Bitcoin’s rebound comes as some major crypto-linked stocks slumped due to the Chinese crackdown. According to Reuters, the stock prices of Huobi Tech and OKG Technology Holdings dropped 30% and 20% respectively early on Monday.
While crypto-related stocks floundered, BTC registered an uptick.
BTC / USD 4 órás diagram. Forrás: TradingView
Looking at the daily chart, crypto analyst Rekt Capital suggests BTC price is set to see further growth if bulls achieve a daily close above $43,800.
#BTC continues to dig into the red resistance area after forming yet another Higher Low
A Daily Close inside the red area would be positive but it’s important the bottom of the red box is flipped into support to confirm a breakout beyond this red area$ BTC #Crypto #Bitcoin https://t.co/HXF5F9fLIy pic.twitter.com/VAwVnDFlAA
- Rekt Capital (@rektcapital) 27. szeptember 2021.
At the time of writing, BTC/USD is trading around $43,850 as some retail investors take profits. However, the technical outlook signals a bullish continuation as prices hold above the 50 moving average on the 4-hour chart at $43,632.
If the positive picture remains relevant over the coming days, buyers can target the 100 4-hour moving average at $45,151 and then horizontal resistance near $46,700.
Tekintse meg a Bitcoin vásárlási oldalunkat itt
Source: https://coinjournal.net/news/bitcoin-shrugs-off-chinese-crackdown-as-btc-bounces-above-44k/
- 000
- 100
- 7
- 9
- Altcoins
- elemző
- TERÜLET
- körül
- benchmark
- Bitcoin
- BNB
- Doboz
- kitörési
- BTC
- btc ár
- BTC / USD
- Bullish
- Bulls
- megvesz
- vásároljon bitcoint
- tőke
- Kína
- kínai
- érmék
- érkező
- tovább
- crypto
- Crypto Market
- kripto kereskedés
- cryptocurrency
- csökkent
- Korai
- ETH
- ETH / USD
- friss
- Péntek
- Növekedés
- tart
- Hogyan
- How To
- HTTPS
- Huobi
- Befektetők
- IT
- fontos
- piacára
- Piaci sapka
- hétfő
- Közel
- hír
- Más
- Outlook
- Pánik
- kép
- ár
- kiskereskedelem
- Lakossági befektetők
- Reuters
- készlet
- Solana
- készlet
- készletek
- támogatás
- SWIFT
- cél
- tech
- Műszaki
- Technológia
- idő
- felső
- szakmák
- Kereskedés
- hét
- hétvége
- írás