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25.01 - 08:05
Bitcoin and Ethereum Prepare For Next Move, Small Cap Alts in Green
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Bitcoin price failed to continue higher and remained below USD 47,000. BTC is currently (04:53 UTC) consolidating above USD 46,000. If there is a downside break, the price could decline to USD 43,500.
Similarly, most major altcoins are struggling to recover. ETH is facing resistance near the USD 3,850 level. XRP is now trading well below USD 0.85. ADA might accelerate if it clears the USD 1.35 level.Total market capitalization
In the past two days, bitcoin price remained in a range below the USD 48,500 and USD 48,000 resistance levels. BTC is now facing a major resistance near the USD 47,000 level. A clear move above the USD 47,000 level could send the price towards the USD 47,500 level. The next major resistance is near USD 48,500.
An
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