Can altcoins keep resisting the bearish influence of Bitcoin (BTC)?

in hive-116221 •  4 years ago 

STEEM POSTS

After a false breakout of the $42,000 zone, bulls are not showing any efforts to return the price to the bullish channel. In addition, the buying trading volume is low, confirming the power of bears.

As the MA 200 has not been tested on all exchanges, there is a chance to see one more decline to the zone around $39,700 shortly.

Bitcoin is trading at $43,564 at press time.


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