Bitcoin Struggles to Recover, Altcoins Remain Worth Watching

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Bitcoin is trading between $75,500 and $87,000, but the charts do not yet confirm a broad recovery. A move back above $81,000 would be the first sign of improvement, while several technical levels breached since early October have failed to hold. The total crypto market capitalization, excluding stablecoins, is testing an important support level, but altcoins remain vulnerable against Bitcoin. Ethereum is still in a bearish configuration below $2,400, although the Ethereum/Bitcoin pair is showing an initial short-term positive signal. Cara favors reduced exposure and confirmation of price movements before increasing positions.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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