Hey BTC enthusiasts! đ Bitcoin prices soared nearly 4% today, hitting a high of $28,000 during the Monday morning Asian trading session. It's the highest price since August 17, but there's heavy resistance at this level. Analyst CrediBULL Crypto believes BTC isn't done yet and expects a move higher. Fellow analyst Will Clemente adds that BTC is trading at major technical indicators at this level, with weekly and daily moving averages at the $28K price level. đ
Crypto derivatives outlet Greeks Live says the rally is driven by spot trading, with a few thousand bitcoins enough to support the entire market up a price step. However, trader and analyst Alex KrĂŒger predicts another crash, suggesting large holders are cashing out ahead of it. đŹ
In other crypto news, Ethereum has gained 3.2% to reach $1,726, its highest level in a month. Solana (SOL) is the biggest high-cap gainer, surging 13.6% to top $24. The total market cap is up 3% on the day to $1.15 trillion. đȘ
Crypto derivatives outlet Greeks Live says the rally is driven by spot trading, with a few thousand bitcoins enough to support the entire market up a price step. However, trader and analyst Alex KrĂŒger predicts another crash, suggesting large holders are cashing out ahead of it. đŹ
In other crypto news, Ethereum has gained 3.2% to reach $1,726, its highest level in a month. Solana (SOL) is the biggest high-cap gainer, surging 13.6% to top $24. The total market cap is up 3% on the day to $1.15 trillion. đȘ