As you start the new day, what are the prices of Bitcoin and popular altcoins? Is the upward trend continuing? Here’s the latest status of Bitcoin and cryptocurrencies.

Recent declines in the past few days have raised concerns about the future of Bitcoin. However, if the price remains above the range of $25,250 to $24,450, we believe we won’t experience a more severe drop. However, if $24,500 becomes a resistance level after a sharp decline, it suggests that Bitcoin could potentially drop toward the $21,875 level. We believe that as long as Bitcoin doesn’t close below $25,250 to $24,450, there’s no reason to be overly concerned.

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The Latest Status of Bitcoin and Cryptocurrencies!

• Bitcoin (BTC) is currently trading at $26,142 with a 0.02% decrease against the USD. The resistance levels for BTC are in the range of $26,800 to $28,200, while the support levels are in the range of $26,000 to $25,000.
• Ethereum (ETH) is currently trading at $1,638 against the USDT, showing a 0.26% increase. The resistance levels for ETH are in the range of $1,694 to $1,731, while the support levels are in the range of $1,642 to $1,550.
• Avax (AVAX) is currently trading at $10.1 against the USD, showing a 0.38% increase at the time of writing. The resistance levels for AVAX are in the range of $12.0 to $13.4, while the support levels are in the range of $9.5 to $8.7.
• Arbitrum (ARB) is currently trading at $0.97 against the USD, showing a 0.13% decrease at the time of writing. The resistance levels for ARB are in the range of $1.01 to $1.12, while the support levels are in the range of $0.91 to $0.83.
• Binance Coin (BNB) is currently trading at $213.7 against the USD, showing a 1.38% increase at the time of writing. The resistance levels for BNB are in the range of $238.2 to $249.00, while the support levels are in the range of $187.7 to $165.2.

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