Bitcoin price started an upside correction above the USD 56,500 resistance. BTC even cleared USD 57,000, but it is facing hurdles near USD 58,000. It is currently (12:03 PM UTC) consolidating near USD 57,000.
Besides, most major altcoins are facing key hurdles. ETH is consolidating near USD 4,300 and is facing resistance near USD 4,380. XRP is still struggling to surpass the USD 1.00 resistance. ADA needs to gain strength above USD 1.60 for a sustained move.
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After forming a base, bitcoin price was able to clear the USD 56,500 resistance. BTC even surpassed USD 57,000, but it is facing a couple of important hurdles. The first key resistance is near USD 58,000. The next major resistance is near USD 58,500, above which
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