Recent Updates
16:00
CleanSpark Surpasses 20 EH/s Bitcoin Mining Milestone
15:00
Bitcoin ETFs Face $13.62M Daily Net Outflows After Consecutive Inflows
14:00
Genesis Digital Eyes U.S. IPO Amid Market Surge
13:00
Chainlink Partners with Fidelity, Sygnum on NAV Project
12:00
Astar Network to Burn 5% of Supply, Boosting Token Value and Staker Rewards
11:00
Blast Unveils Phase 2 Rewards: 10B Tokens Allocated
10:33
Latest on Bitcoin and Cryptocurrencies - July 3
Crypto:
30464
Bitcoin:
$60.515
% 3.25
BTC Dominance:
%53.2
% 0.36
Market Cap:
$2.29 T
% 1.43
Fear & Greed:
51 / 100
Bitcoin:
$ 60.515
BTC Dominance:
% 53.2
Market Cap:
$2.29 T
Coin Analysis, Market Analysis

Latest Situation in Bitcoin and Cryptocurrencies! – January 8

Ahmet Bedirhan Arvas
Publish Date: 08 January 2024 07:55:43
SUBSCRIBE: Youtube Google News
Bitcoin
08
Jan

What is the latest situation in Bitcoin and popular altcoins? When will the stagnation in the market end? When will the price end its horizontal movement? Here are the prices of Bitcoin(BTC), Ethereum(ETH) and popular altcoins!

The current situation in Bitcoin and popular altcoins is as follows: Bitcoin (BTC) continues to maintain its existing range structure, with an upper resistance level of $44,700 and a lower support level of $40,200. The market has been moving sideways, mainly due to the anticipation of ETF announcements and the weekend. In order for the market to sustain its upward momentum, we need to see closures above the $44,700 level. The presence of open liquidity in the lower range suggests that the price may aim for the lower support. The increase in Bitcoin dominance appears to be the main reason behind the pullback observed in altcoins.

Bitcoin

Bitcoin (BTC): The BTC/USDT pair has lost 1.05% in the last 24 hours and is currently trading at $43,537. The resistance levels for BTC are first at $44,700, and then at $45,880. Support levels are at $42,400, and if the price falls below this region, there is support at $40,200.
Ethereum (ETH): The ETH/USDT pair has lost 2.30% in the last 24 hours and is currently trading at $2,194. The initial resistance level for ETH is $2,295, followed by $2,400. Support levels are first in the $2,145 – $2,115 range, and then at $2,030.
Arbitrum (ARB): The ARB/USDT pair has lost 8.96% in the last 24 hours and is currently trading at $1.6418. Resistance levels for ARB are first in the $1,645 – $1,670 range, and then in the $2.09 – $2.12 range. Support zones are at $1.42 – $1.44, and then at $1.231 – $1.28.
Dogecoin (DOGE): The DOGE/USDT pair has lost 4.40% in the last 24 hours and is currently trading at $0.07755. Resistance levels for DOGE are first at $0.08640 – $0.08850, and then at $0.1048 – $0.1065. Support levels are first in the $0.06800 – $0.07130 range, and then at $0.05700 – $0.05780.

Also, you can freely share your thoughts and comments about the topic in the comment section. Additionally, please follow us on our Telegram, YouTube and Twitter channels for the latest news and updates.

Rate this post
READ:  Latest Situation in Bitcoin and Cryptocurrencies! – January 9

Leave a Reply

Your email address will not be published. Required fields are marked *