Analyst Says A Close Outside This Range Will Set Stage For BTC’s ‘Big Move’
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Leading cryptocurrencies dipped on Thursday under a volatility squeeze, even as investors awaited a decisive breakout.
|
Cryptocurrency |
Gains +/- |
Price (Recorded at 10:30 p.m. ET) |
|---|---|---|
|
Bitcoin (CRYPTO: BTC) |
-1.41% |
$117,214.66 |
|
Ethereum (CRYPTO: ETH) |
+1.26% |
$3,686.38 |
|
Dogecoin (CRYPTO: DOGE) |
-6.32% |
$0.2287 |
What Happened: Bitcoin retraced sharply from the $119,000 zone, dropping to the early $117,000s overnight, as traders amped up sell pressure. Volume rose 16.35% to $77.66 billion in the last 24 hours.
Ethereum’s pullback was less severe, as the second-largest…
