Bitcoin’s sideways movement above $43,000 is encouraging for altcoins. During this period, money is sequentially changing positions in altcoins, and one by one, they are experiencing an upward movement. After circulating throughout the entire market, Bitcoin may surpass the $44,500 level, leading to a corrective period.

‣ Bitcoin (BTC): The BTC/USD pair is currently trading at $42,792 with a 1.88% decrease as of the writing of this article. Resistance levels for BTC are in the range of $44,000 to $44,400, and support levels are in the range of $42,000 to $41,800.

‣ Ethereum (ETH): The ETH/USDT pair is currently trading at $2,239 with a 1.48% decrease. Resistance levels for ETH are in the range of $2,294 to $2,386, and support levels are in the range of $2,150 to $2,077.

‣ Coin98 (C98): The C98/USD pair is currently trading at $0.31 with a 6.98% increase. Resistance levels for C98 are in the range of $0.32 to $0.35, and support levels are in the range of $0.30 to $0.26.

‣ Ordinals (ORDI): The ORDI/USD pair is currently trading at $7.31 with a 10.17% decrease. Resistance levels for ORDI are in the range of $76.02 to $90.09, and support levels are in the range of $48.19 to $44.65.

‣ Injective (INJ): The INJ/USD pair is currently trading at $40.41 with a 7.08% decrease. Resistance levels for INJ are in the range of $41.60 to $43.50, and support levels are in the range of $37.80 to $29.80.

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The post The Current Situation in Bitcoin (BTC) and Cryptocurrencies – December 26th appeared first on Coin Engineer.