您现在的位置是:j n l 3 m u c 4 8 5 d p 6 l 5 3 d c o 1 n w f > Knowledge
【mysteries of rosary during lent】Bitcoin – Bears Look to Recover from a Bad Start to 2019
j n l 3 m u c 4 8 5 d p 6 l 5 3 d c o 1 n w f2024-09-29 12:24:25【Knowledge】3人已围观
简介Bitcoin gained 3.4% on Tuesday, reversing a 3.72% loss from the end of 2018, to end the day at $3.96 mysteries of rosary during lent
Bitcoin gained 3.4% on Tuesday,mysteries of rosary during lent reversing a 3.72% loss from the end of 2018, to end the day at $3.963.1, with Bitcoin failing to break through to $4,000 levels for a 2
nd
consecutive day.
Relatively range bound through much of the day, Bitcoin recovered from an early morning low $3,810.2 to an early afternoon high $3,894.9 before hitting reverse to strike a late afternoon intraday low $3,788.1.
Steering clear of the day’s first major support level at $3,738.70, Bitcoin rallied to a late in the day intraday high $3,987.00, breaking through the first major support level at $3,954.60, while falling short of $4,000 levels and the first major resistance level at $4,078.70.
For the Bitcoin bulls, $4,000 continues to be the line in the sand, with Bitcoin now having failed to close out at $4,000 levels for a 4
th
consecutive day and for a 7
th
day in the last 8.
There was no material news across the crypto wires at the start of the year to support the late in the day rally, with price forecasts for the year ahead taking most of the headlines, the main issue for Bitcoin and the broader market being the extended bearish trend that remains intact going into the New Year.
Across the majors, Binance Coin was the only top 20 coin to see red at the start of the year, while Bitcoin Cash ABC led the way, rallying by 9.7% on Tuesday, Bitcoin Cash SV a distant second with an 8.26% Gain.
With Bitcoin’s dominance down at 51.6% and the total crypto market cap rising back to $129.95bn, it was the start of the year that Bitcoin and the broader market needed, though with Bitcoin still languishing at sub-$4,000 levels, the bulls will have their work cut out to maintain the upward momentum through the week, even with the news wires being relatively crypto friendly.
Get Into Cryptocurrency Trading Today
At the time of writing, Bitcoin was down 0.2% to $3,955.3, with a start of a day morning high $3,980.2 coming up short of the first major resistance level at $4,037.37 and more importantly $4,000 levels, to ease back to a morning low $3,938.6 before steadying, Bitcoin steering clear of the first major support level at $3,838.48 early on.
For the day ahead, a hold above $3,910 levels through the morning would support a move back through the morning high $3,980.2 to take a run at $4,000 levels and the first major resistance level at $4,037.37, with support from the broader market needed for Bitcoin to attempt a breakout to bring $4,100 levels into play later in the day.
Failure to hold above $3,910 levels through the morning could see Bitcoin take a bigger hit later in the day, with a fall through to $3,800 levels bringing the first major support level at $3,838.47 into play before any recovery, sub-$3,800 support levels unlikely to be tested barring a broad based crypto sell-off later in the day.
Story continues
{ alt}
This
article
was originally posted on FX Empire
More From FXEMPIRE:
Gold Monthly Forecast – January 2019
Cryptocurrencies Annual Market Recap – 2018
Forex Annual Market Recap – 2018
NEM’s XEM Technical Analysis – Support Levels Eyed – 02/01/19
Crude Supported by Higher Stocks, Gold Falls on Profit-Taking, Natural Gas Erases Winter Rally
Early Stock Market Weakness Indicates Volatility to Continue into New Year
View comments
很赞哦!(454)
相关文章
- Which Consumer Staples Stock Will Grow The Most By 2025?
- AP Top Extended Financial Headlines at 11:58 p.m. EST
- A Closer Look At Alicon Castalloy Limited’s (NSE:ALICON) Impressive ROE
- Here is Why Growth Investors Should Buy Broadcom Inc. (AVGO) Now
- LOPE SHAREHOLDER ALERT: Lawsuit Filed For Grand Canyon Investors
- Is China Shanshui Cement Group Limited (HKG:691) A High Quality Stock To Own?
- Doctor Reddy's: Fiscal 3Q Earnings Snapshot
- Indian Oil says Iran may still invest in Chennai Petroleum expansion
- Manganese X Receives Eligibility for DTC Trading in the U.S.
- Fidelity Cryptocurrency Platform Enters ‘Final Testing’ Stages
热门文章
站长推荐
Spotify Rolls Out Standalone Streaming On Apple Watch App: TechCrunch
Romney floats sweeping vaccine plan as U.S. nears 20 mln COVID-19 cases
'Sharknado 3: Oh Hell No!': The 25 greatest moments
Billy Bragg Congratulates Australia’s New Leader Anthony Albanese: ‘He Has a Socialism of the Heart’
Alaris Royalty Corp. to Host Earnings Call
Southside Bancshares: 4Q Earnings Snapshot
The Big Bang Theory adds Walton Goggins, Beth Behrs
The Bank of Commerce Holdings (NASDAQ:BOCH) Share Price Is Up 95% And Shareholders Are Holding On
友情链接
- Apple Is a Mega-Cap Stock That You Should Consider Now
- Pressure on small brokers grows a year after new EU rules
- JPJ Group PLC Announces Total Voting Rights
- Data Sheet—Burning Cash With China's Meituan-Dianping Delivery Service
- Gold’s Safe-Haven Allure Reborn
- GTT: Monthly disclosure of the total number of voting rights and shares composing the share capital
- The Top 10 Cryptocurrencies Aren’t The Most Actively Developed
- 5 Top Stocks to Break the 'October Effect' Jinx
- Get Disruptive in 2019 With These 10 ETFs
- Prophecy Starts District Exploration at Pulacayo