The Current State Of Bitcoin And Cryptocurrencies!

How are the prices of Bitcoin and popular altcoins as we start the new day? Is the upward trend continuing? Here are the prices of BTC, ETH!

Over the past few days, the price of Bitcoin has been fluctuating between $44,000 and $43,000, showing a sideways movement. This situation is causing significant gains in altcoins. However, considering the uncertainties in the upcoming period, we should be cautious.

Currently, Bitcoin seems to be following a sideways trend, leading to a significant amount of money flowing into altcoins. However, it is challenging to understand whether this situation includes Bitcoin’s plans to enter a deep correction process.

It may attract your attention: Bitcoin Bull Analysis! One More Sign!

Nevertheless, after the substantial profitability we have achieved recently, we should not forget to be cautious against possible deep corrections in the market.

‣ Bitcoin (BTC): The BTC/USD pair is trading at $44,212 with a 0.01% increase as of the time of writing. The resistance levels for BTC are in the range of $44,600 to $47,400, and the support levels are in the range of $43,100 to $42,200.

‣ Ethereum (ETH): The ETH/USDT pair is trading at $2,384 with a 1.00% increase as of the time of writing. The resistance levels for ETH are in the range of $2,467 to $2,606, and the support levels are in the range of $2,353 to $2,264.

‣ Polkadot (DOT): The DOT/USD pair is trading at $7.60 with an 11.01% increase as of the time of writing. The resistance levels for DOT are in the range of $7.76 to $8.63, and the support levels are in the range of $7.21 to $6.86.

‣ Avax (AVAX): The AVAX/USD pair is trading at $33.0 with a 10.21% increase as of the time of writing. The resistance levels for AVAX are in the range of $41.0 to $80.0, and the support levels are in the range of $30.0 to $22.0.

‣ Near (NEAR): The NEAR/USD pair is trading at $2.57 with an 8.28% increase as of the time of writing. The resistance levels for NEAR are in the range of $2.58 to $2.70, and the support levels are in the range of $2.38 to $2.20.

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