Bitcoin could not surpass the $43,000 resistance and fell back to $41,600. Instead of thinking we’re in a deep correction right now, we believe Bitcoin is inclined to test lower supports as long as $40,000 isn’t broken. Therefore, caution is needed for short and long trades until clear breakouts come in.

‣ Bitcoin (BTC) BTC/USD pair is trading at $42,329 with a rise of %0.86 as of writing. The resistance levels for BTC are at the range of $42,950 – $44,250.

‣ Ethereum (ETH) ETH/USDT pair is trading at $2,250 with a rise of %1.31 as of writing. The resistance levels for ETH are at the range of $2,252 – $2,294.

‣ Avax (AVAX) AVAX/USD pair is trading at $42.31 with a rise of %6.46 as of writing. The resistance levels for AVAX are at the range of $42.94 – $50.36.

‣ Dydx (DYDX) DYDX/USD pair is trading at $2.93 with a rise of %5.00 as of writing. The resistance levels for DYDX are at the range of $3.01 – $3.26.

‣ MultiversX (EGLD) EGLD/USD pair is trading at $60.59 with a rise of %4.55 as of writing. The resistance levels for EGLD are at the range of $61.35 – $66.86.

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The post Last Status on Bitcoin and Cryptocurrencies! – December 16 appeared first on Coin Engineer.