Cryoto.Ai Auto Blog Engine
Most major cryptocurrencies are stuck in a tight range awaiting direction from Bitcoin.
Several major cryptocurrencies are facing selling at higher levels but the fact that traders are buying on the dips suggests further range-bound action is likely.
Bitcoin price looks ready to consolidate near $9,200 for a few days before taking a shot at $10,000
Bitcoin’s decisive move today increases the possibility of a rally to $9,200
Altcoins are likely to underperform Bitcoin as it attempts to rise to $8,000
Binance’s forthcoming Ethereum-compatible smart contract platform has received criticism for centralization
The next couple of days are critical as Bitcoin is showing some hesitation close above $7,500
Bitcoin is close to breaking out of its resistance zone, after which a quick move to $8,000 is possible
The hesitation to break out of the resistance suggests that Bitcoin might remain range-bound for a few more days
Bitcoin turned bullish this weekend but these five altcoins could outperform it next week