U.Today - Most of the coins are in the green zone again, according to CoinMarketCap.
BTC/USD
The rate of Bitcoin (BTC) has risen by 2.45% over the last 24 hours.
The price of BTC is falling after a breakout of the local support of $101,557. If the drop continues, there is a chance of a test of the $100,000 area by tomorrow.
On the bigger time frame, the rate of the main crypto is going down after a false breakout of the resistance of $102,747.
If sellers' pressure continues, traders may witness a test of the $98,000-$99,000 range.
From the midterm point of view, the price of the main coin is far from the key levels. If the weekly bar closure happens with a long wick, one can expect a correction to $95,000.
Bitcoin is trading at $100,409 at press time.
This content was originally published on U.Today
