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Showing posts with the label Bitcoin Price Fighting to Close Week Above Key $7

Bitcoin Price Fighting to Close Week Above Key $7,200 Resistance Level

NewsColony Bitcoin Price Fighting to Close Week Above Key $7,200 Resistance Level On Saturday Bitcoin ( BTC ) price punched a hole through the $7,200 resistance, rallying all the way to $7,293 to briefly escape the resistance cluster the price has been trapped within since April 6.  As the Bitcoin price surged on Saturday, altcoins also added commendable gains. Ether ( ETH ) rallied to $189.60 before pulling back to trade at $182.50. Chainlink ( LINK ) pushed to $3.82 and at the time of writing trades for $3.70 while Tezos (XTZ ) surged to 12% to $2.37 before dropping to $2.23 in the last hour.  The overall cryptocurrency market cap now stands at $208.4 billion and Bitcoin’s dominance rate is 63.4%.  Crypto market daily performance. Source: Coin360 Bullish traders are now focused on pushing the price above the $7,258 resistance in order to target $8,000. $7,400 is the next important level and as shown by the volume profile visible range, above $7,433 there is a vol...